Annual inflation rate decreases to 4.95% in January 2025
The annual inflation rate decreased in January 2025 to 4.95%, from 5.14% in December, with food product prices having increased 4.54%, those of non-food products having gone up 4.60%, and service prices having grown 6.54%, according to data published National Institute of Statistics (INS) on Friday.
'The consumer price index in January 2025 compared to December 2024 was 100.92%. The annual inflation rate in January 2025 compared to January 2024 stood at 5%. The average rate of change in consumer prices over the last 12 months (February 2024 - January 2025) compared to the previous 12 months (February 2023 - January 2024) accounted for 5.4%,' according to the INS press release.
According to data National Bank of Romania Governor Mugur Isarescu presented in November 2024, the inflation forecast for the end of 2025 is estimated at 3.5%. AGERPRES (RO - writing by: George Banciulea; EN - writing by: Adina Panaitescu)
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