In September, consumer prices climbed 0.39% from a month earlier. Although food prices dropped 0.16%, non-food prices and services weighed down consumer price index, going up 0.79% and 0.51% respectively.
Subtracting the increase in alcoholic beverage prices and tobacco from the monthly inflation rate, its level falls to 0.05% from 0.39%.
The governor of National Bank of Romania said recently that September inflation rate stood significantly below 5%.
“According to preliminary inflation data for September, consumer price index stood below last year level. Therefore, September inflation rate will stand significantly below 5%. We expect a similar performance in October, and even a steeper decline that could bring us closer to year-end target”, said Isarescu.
NBR’s inflation target range for 2009 is 3.5% with +/- 1 tolerance band. The latest projection report indicates an inflation rate of 4.3% for December this year.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Annual inflation slows to 4.94% in September.