Romanian June Annual CPI 8.7%, Fifth Highest In EU – Eurostat

Romania ranks fifth among EU member states with respect for the annual inflation rate in June, which is 8.7%, double the 4.3% average calculated on a community bloc level, according to a report issued by the Statistical Office of the European Communities, Eurostat.

9 views

In June, the lowest annual rates were observed in the Netherlands (2.3%), Germany and Portugal (3.4% each), and the highest in Latvia (17.5%), Bulgaria (14.7%) and Lithuania (12.7%). Compared with May 2008, annual inflation rose in 21 member states, remained stable in two and decreased in three, the report reads.

EU annual inflation was 4.3% in June 2008, up from 4.0% in May. A year earlier the rate was 2.1%. Monthly inflation was 0.4% in June 2008, the report states.

According to the document, the main components with the highest annual rates in June 2008 were transport (7.1%), food (6.4%) and housing (6.1%), while the lowest annual rates were observed for communications (-1.6%), recreation and culture (0.1%) and clothing (0.7%).

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.