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April 12, 2021

Romania records highest annual inflation rate in EU also in December

Romania was, in December 2014, for the fourth consecutive month, the country with the highest annual inflation rate in the European Union (1%), given that both in the Eurozone and in the EU, annual inflation rate was negative – minus 0.2% and minus 0.1% respectively, according to the data released on Friday by the European Statistical Office (Eurostat).
According to the data provided by the National Statistics Institute (INS), annual inflation (December 2013 to December 2014) decreased, in December, to 0.83%, from 1.26% from in November, which was the lowest annual inflation in the last 24 years.
Consumer prices fell by 0.1% in December 2014 compared to the previous month, due to cheaper non-food products, by 0.5%, and more expensive food (by 0.2%) and services (by 0.3%).


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