Annual inflation rate drops to 16.4% in December

Romania’s annual inflation rate dropped to 16.4 percent in December 2022 from 16.8 percent in November, as food prices rose 22.05 percent, non-food prices increased 14.95 and services grew by 9.78 percent more expensive, shows data released by the National Institute of Statistics (INS), according to Agerpres. December’s consumer prices inched up 0.37 percent compared […] Read more