Convergence of wages versus price convergence
The living standard in Romania increased significantly due to an accelerated wage convergence compared to the EU average and the stagnation in price convergence toward
The living standard in Romania increased significantly due to an accelerated wage convergence compared to the EU average and the stagnation in price convergence toward
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The
The price level in Romania stood at 52% of the EU average in 2017, according to data provided by Eurostat for 2017 on the relative
More than half of the annual inflation rate in March 2018 (which went up to 4.95%) was the result of commodity and commodity price increases
In the first month of the year, prices were higher by 2.66% compared to 2015, according to the data published by INS in the middle
When publishing the data on wage levels and purchasing power in the EU member states, Eurostat also implicitly offered the first estimates of the
The living standard in Romania increased significantly due to an accelerated wage convergence compared to the EU average and the stagnation in price convergence toward
Industrial Production Price Index (IPPI) slightly declined to 5.86% in August 2018, but remained significantly above consumer price inflation as measured by CPI (5.06%). The
The price level in Romania stood at 52% of the EU average in 2017, according to data provided by Eurostat for 2017 on the relative
More than half of the annual inflation rate in March 2018 (which went up to 4.95%) was the result of commodity and commodity price increases
In the first month of the year, prices were higher by 2.66% compared to 2015, according to the data published by INS in the middle
When publishing the data on wage levels and purchasing power in the EU member states, Eurostat also implicitly offered the first estimates of the