Romania’s headline inflation accelerates to 3.2% in February
Romania's consumer price index rose by 3.2% in February compared to the same month in 2020, the statistics office INS announced.
Thus, the headline inflation accelerated from 3.0% in January - when the retail electricity market liberalization pushed it up from 2.1% in December.
The electricity price for household consumers, which increased by 17.2% on average, contributed 0.8pp to the rise in consumer prices (a quarter of the 3.2% headline inflation).
Food prices increased by 2.7% year-on-year contributing 0.8pp to the headline inflation (another quarter). The prices of non-food items contributed 1.85pp to the headline inflation, as they increased by 3.8% year-on-year.
The average prices of services in Romania increased by 2.3% year-on-year contributing 0.48pp to CPI inflation.
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iulian@romania-insider.com