Romania's yearly inflation rate reaches new low in January, after two VAT rate cuts – Romania-Insider.com

Romania’s yearly inflation rate reaches new low in January, after two VAT rate cuts – Romania-Insider.com

Romania’s yearly inflation rate reaches new low in January, after two VAT rate cuts
Romania-Insider.com
The average consumer prices in Romania were 2.1% lower in January 2016 compared to January 2015, after two VAT rate cuts in the past 12 months. The Government first cut the VAT rate on food and beverages, from 24% to 9%, on June 1, 2015. Then, the …

Romania’s yearly inflation rate reaches new low in January, after two VAT rate cuts – Romania-Insider.com