Romania Faces Sharp Inflation Spike, Could Reach 10% by September
Business
Romania is currently grappling with a surge in inflation , reaching levels not seen in recent years. Official statistics for July indicate that annual inflation climbed to 7.8%, up sharply from 5.7% in June. The steepest rise has been observed in the price of fresh fruit, which is now nearly 40% higher than last year. According to Julia Bakhovski, a journalist and blogger based in Bucharest, the situation reflects a serious economic crisis. She attributes the surge in prices to several
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