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9 out of 10 salary increases do not cover inflation, and purchasing power decreased by 50%
The high demand for products and services after the lifting of Covid-19 restrictions and the conflict in Ukraine led to an accelerated rise in inflation, to the threshold of 14.5% at the end of May, according to the National Institute of Statistics, eroding the financial situation of Romanians.
For more information, please see the Romanian version of the article, here.
