Romania records EU's highest inflation

Romania recorded in July the highest annual inflation rates in European Union, of 5%, for the fourth successive month, as the Union’s inflation stood at 0.2%. High inflation rates were observed also in Hungary (4.9%) and Poland (4.5%), data provided by Eurostat show.
The National Institute of Statistics said the annual inflation rate dropped in July to 5.06% in line with forecasts, from 5.86% in June.

The lowest annual rates were observed in Ireland (-2.6%), Belgium (-1.7%) and Luxemburg (-1.5%).

Compared with June 2009, annual inflation fell in twenty Member States, remained stable in one and rose in five.


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