Annual Inflation 3.4% in April

Annual inflation between January, 2012 and April, 2014. Source: Geostat

Annual inflation was 3.4% in April, slightly down from 3.5% in March, according to the state statistics office, Geostat.

On monthly basis inflation stood at 0.3% in April.

Annual inflation rate was driven mainly by increasing prices on food, which rose by 7.6% y/y, as well as on alcoholic beverages and cigarettes, which rose by 6.8% y/y in April. Prices on healthcare services increased 4.3% y/y, according to Geostat.

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