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Rental prices rise 15 times above inflation level

Publicat la 13.01.2008, 22:00:00

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Rental prices rise 15 times above inflation level

With a 100,9 percent increase year-on-year, rental prices are 15 times higher than the 6.75 percent inflation rate published by the INS.

On the other hand, medicine prices were 7 percent lower year-on-year in December 2007.

Overall, prices rose an average 6.57 percent year-on-year in December. Foodstuffs became 10 percent more expensive, while prices for services rose 8.5 percent.

The 6.57 percent annual inflation published in the INS report is in accordance to estimates of annalists questioned by Business Standard last week. Their forecast was of 6.5-6.8 percent.

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