November 16 (SeeNews) - Romania's October annual inflation rate of 4.3% was the highest among all European Union member states, the bloc's statistics office reported on Monday.
Romania also ranked first in terms of annual inflation rate among the 27 EU countries in May, June, July and September.
In October, the second largest annual inflation rate among EU countries, of 4.2%, was recorded by Hungary and the third largest rate, of 3.8%, by Poland. Ireland had the lowest annual rate, recording a deflation of 2.8%, Eurostat said in a statement.
Following are details about the October inflation rate in the EU (annual change):
|
October'09 |
EU-27 |
+0.5 |
Euro area |
-0.1 |
Bulgaria |
+0.3 |
Romania |
+4.3 |
Slovenia |
+0.2 |
Romania joined the EU together with Bulgaria in January 2007. Slovenia joined the bloc in 2004 and entered the eurozone in 2007.