Romania`s inflation brakes at 4.3 percent in October,the minimum level of the past 2 years and three months

Such a low level of inflation was last reached in July 2007, when the annual index of consumer prices was of 3.99 percent. The annual rate of inflation stood at 4.94 percent in September.

Consumer prices advanced 0.44 percent in October on the previous month, as prices for services grew an average 0.94 percent, non food stuff gained 0.46 percent and food products saw their prices up by 0.15 percent.

The consumer basket in Romania, which is used to calculate inflation, features food products with a weight of 37.58 percent, non-food stuff with 44.05 percent and services with 18.37 percent.

Romania\'s Central Bank (BNR) revised upwards inflation prognosis for the end of 2009, to 4.5 percent, from 4.3 percent in the previous projection, following a higher influence of tobacco excise taxes, BNR\'s governor Mugur Isarescu announced last week.