Romania: Inflation comes in at highest level since October 2004 in March
April 12, 2022
Consumer prices rose a seasonally-adjusted 1.88% over the previous month in March, picking up from the 0.58% rise recorded in February. March's result was the highest reading since July 2010. The pick-up was primarily due to rising prices for food and fuels. In addition, price pressures for non-food goods intensified.
Inflation increased to 10.2% in March, following February’s 8.5%. March's figure represented the highest inflation rate since October 2004. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.5% in March (February: 5.9%).