Inflation falls below 6% in Romania in April
<p>Romania’s annual inflation rate eased to 5.9% in April from <a href="https://www.romania-insider.com/inflation-romania-march-2024" rel="noopener" target="_blank">6.6% the month before</a> and 7.2% in February, according to the <a href="https://insse.ro/cms/sites/default/files/com_presa/com_pdf/ipc04r24_0.pdf" rel="noopener" target="_blank">official report </a>released by the statistics institute INS on Tuesday, May 14. According to <a href="https://www.biziday.ro/283974-2/" rel="noopener" target="_blank">Biziday.ro</a>, the 5.9% value has not been recorded in Romania since August 2021.</p>

<p>The inflation rate from the beginning of the year (April 2024 to December 2023) was 2.4%, INS said.</p>

<p>Food prices increased by slightly over 2% in April 2024 vs April 2023, while non-food goods got 7.17% more expensive, and services tariffs rose by roughly 10%.&nbsp;</p>

<p>Among foods, the biggest year-on-year price increases were recorded for canned fruit (10.78%), beef (9.25%), and beer (8.97%). When it comes to non-food goods, detergents remained the star of price increases with 25.64%, followed by medicines (23.86%).</p>

<p>The increase in services tariffs was mainly influenced by a 26.25% hike in postal services.</p>

<p><i>irina.marica@romania-insider.com</i></p>

<p><i>(Photo source: <a href="https://www.dreamstime.com/" rel="noopener" target="_blank">T</a></i><em><a href="https://www.dreamstime.com/" rel="noopener" target="_blank">ero Vesalainen/Dreamstime.com</a>)</em></p>