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Romania’s April Annual Inflation, 3rd Highest In EU

Romania posted the third highest annual inflation rate in the European Union in April, after Hungary and Greece, official data showed Tuesday.
Romania's April Annual Inflation, 3rd Highest In EU
18 mai 2010, 12:37, English

Romania’s annual inflation was flat at 4.2% in April, EU’s statistics office Eurostat said.

EU’s annual inflation was 2% in April, up from 1.9% in the previous month. A year earlier, the rate was 1.3%.

Hungary reported the highest annual inflation in the EU, of 5.7%, followed by Greece (4.7%) and Romania.

The lowest rates were observed in Latvia (-2.8%), Ireland (-2.5%) and Lithuania (-0.2%), Eurostat data showed.

Romanian consumer prices rose 0.3% in April compared with the month earlier. EU’s monthly inflation was 0.4%.

Annual inflation in the 16 states that use the euro was 1.5% in April, up from 1.4% in March. A year earlier, eurozone’s rate was 0.6%.

The lowest 12-month averages up to April were registered in Ireland (-2.5%), Portugal (-0.7%), Estonia and Latvia (both -0.6%), and the highest in Hungary (5.0%), Romania (4.9%) and Poland (3.8%).