{"id":490,"date":"2024-06-12T09:00:56","date_gmt":"2024-06-12T09:00:56","guid":{"rendered":"https:\/\/ofero.news\/?p=490"},"modified":"2024-06-12T09:00:56","modified_gmt":"2024-06-12T09:00:56","slug":"romanias-inflation-eases-further-to-5-1-in-may","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=490","title":{"rendered":"Romania\u2019s inflation eases further to 5.1% in May"},"content":{"rendered":"<p>Romania\u2019s annual inflation rate weakened further in May, to 5.1%, according to the\u00a0<a href=\"https:\/\/insse.ro\/cms\/sites\/default\/files\/com_presa\/com_pdf\/ipc05r24.pdf\" target=\"_blank\" rel=\"noopener\">official report<\/a>\u00a0released by the statistics institute INS on Wednesday, June 12. The figure dropped from 5.9% in April and 6.6% the month before.<\/p>\n<p>The inflation rate from the beginning of the year (May 2024 to December 2023) was 2.3%, INS also said.<\/p>\n<p>Food prices increased by\u00a01.24% year-over-year in May 2024, while non-food goods got 6.38% more expensive, and services tariffs rose by roughly 9.29%.\u00a0<\/p>\n<p>Among foods, the biggest year-over-year price increases were recorded for canned fruits &#8211; roughly 10%, wine and beer &#8211; over 8%, and beef &#8211; 7.77%. The price of flour decreased the most, by 30.51%.<\/p>\n<p>When it comes to non-food goods, medicines were the star of price increases with 24.15%, followed by detergents &#8211; 23.70%. The price of natural gas dropped by 17.89%, marking the biggest decrease of the period.<\/p>\n<p>Meanwhile, the service tariff increase was mainly influenced by a 26.57% hike in postal services.<\/p>\n<p>The National Bank of Romania (BNR) has revised upward to 4.9% from 4.7% previously the inflation forecast for the end of this year, according to <a href=\"https:\/\/www.agerpres.ro\/economic-intern\/2024\/06\/12\/rata-anuala-a-inflatiei-a-coborat-la-5-12-in-mai-2024--1311527\" target=\"_blank\" rel=\"noopener\">Agerpres<\/a>. At the same time, the financial institution expects the inflation to drop to 3.5% at the end of 2025.<\/p>\n<p>irina.marica@romania-insider.com<\/p>\n<p>(Photo source:\u00a0<a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">T<\/a><em><a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">ero Vesalainen\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania\u2019s annual inflation rate weakened further in May, to 5.1%, according to the\u00a0official report\u00a0released by the statistics institute INS on Wednesday, June 12. The figure dropped from 5.9% in April and 6.6% the month before. The inflation rate from the beginning of the year (May 2024 to December 2023) was 2.3%, INS also said. Food [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-490","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=490"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/490\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}