Radio Romania International
The latest report on inflation for Romania shows that the annual rate has gone up to 8.19% in December last year, mainly an effect of the energy price hikes. Overall, the annual inflation rate went up 6.13% last year. According to National Bank experts, the increase was determined nearly entirely by the global shocks on the market, which triggered a robust spike in inflation rates worldwide. Moreover, at domestic level, the effects were further amplified by the liberalization of the domestic energy market. The current inflation rate is based on both offer and demand indicators, Adrian C...