Romania Freezes All Prices for 3 Months
<i> Reuters</i>
BUCHAREST, Romania — The government has ordered an across-the-board, three-month freeze on wholesale prices, the state news agency Rompres said Friday.
Prices agreed to by suppliers and retailers up to the end of last month will be kept unchanged for 90 days and must be registered with the Finance Ministry by Tuesday, Rompres said, quoting Economy Minister Eugen Dijmarescu.
The move is intended to restrain inflation now running at about 200%.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
