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Romania sees EU's highest annual inflation in Jan

Feb 22, 2024, 1:08:49 PMArticle by Mihaela Miteva
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February 22 (SeeNews) - Romania posted the EU's highest annual inflation rate in January, at 7.3%, the EU's statistical office said on Thursday.

Romania sees EU's highest annual inflation in Jan
Source: Eurostat

Romania also registered the third-highest monthly increase in consumer prices in the EU and highest among EU member states in Southeast Europe (SEE) last month, at 1.1%, Eurostat said in a data release.

Greece, on the other hand, recorded the steepest monthly decline in consumer prices among EU members in SEE, at 0.9%, while the EU as a whole marked a monthly deflation of 0.2%.

Greece also posted the lowest annual inflation in the region in January, at 3.2%, slightly above the EU average of 3.1%.

Bulgaria was the only other country among EU members in SEE to register a month-on-month rise in its consumer prices last month, at 0.2%.

Data about inflation rates in EU member states in SEE follows (in pct):

Inflation Jan annual rate Jan monthly rate
Bulgaria 4.0 0.2
Croatia 4.8 -0.3
Greece 3.2 -0.9
Romania 7.3 1.1
Slovenia 3.4 -0.6
EU average 3.1 -0.2

Source: Eurostat

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