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Year CPI Romania CPI USA Romania Inflation (h) USA Inflation (f) Inflation Differential FX Rates $ Appreciation |Q (Romania=home) Cumulative Q 2000 2001 31.98222205

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Year CPI Romania CPI USA Romania Inflation (h) USA Inflation (f) Inflation Differential FX Rates $ Appreciation |Q (Romania=home) Cumulative Q 2000 2001 31.98222205 43.0087367 78.97072076 81.2025685 0.00% 0.00% 0.00% 2.17 0.00% 1.00 1.00 146.92% 88.80% 30.78% 2.91 33.87% 0.98 0.98 2002 31.98222205 78.9707208 -59.50% -2.75% -58.36% 3.31 13.75% 0.37 0.36 2003 43.0087367 81.2025685 34.48% 2.83% 30.78% 3.32 0.44% 1.30 0.47 2004 52.70285703 82.4904669 22.54% 1.59% 20.63% 3.26 -1.70% 1.23 0.57 2005 60.7524221 84.3630788 15.27% 2.27% 12.71% 2.91 -10.72% 1.26 0.72 2006 67.96638559 86.6216781 11.87% 2.68% 8.96% 2.81 -3.59% 1.13 0.82 2007 74.09349601 89.5605324 9.01% 3.39% 5.44% 2.44 -13.20% 1.21 0.99 2008 78.95292841 92.4497051 6.56% 3.23% 3.23% 2.52 3.31% 1.00 0.99 2009 82.77214154 95.0869924 2010 89.27041894 98.7374774 4.84% 2.85% 1.93% 3.05 21.06% 0.84 0.83 7.85% 3.84% 3.86% 3.18 4.22% 1.00 0.83 2011 2012 2013 2014 109.3172431 105.291505 2015 113.6732208 106.833849 2016 94.25833222 98.38642 5.59% -0.36% 5.96% 3.05 -4.07% 1.10 0.92 100 100 6.09% 1.64% 4.38% 3.47 13.76% 0.92 0.84 105.7892533 103.156842 5.79% 3.16% 2.55% 3.33 -4.04% 1.07 0.90 3.33% 2.07% 1.24% 3.35 0.64% 1.01 0.90 3.98% 1.46% 2.48% 4.01 19.60% 0.86 0.78 114.887603 108.566932 1.07% 1.62% -0.55% 4.06 1.34% 0.98 0.76 2017 114.2049909 108.695722 2018 112.440756 110.067009 -0.59% 0.12% -0.71% 4.05 -0.16% 0.99 0.76 -1.54% 1.26% -2.77% 3.94 -2.74% 1.00 0.76 2019 113.9463616 112.411557 1.34% 2.13% -0.77% 4.24 7.52% 0.92 0.70 2020 119.2169328 115.157303 4.63% 2.44% 2.13% 4.24 0.14% 1.02 0.71 11.48% 6.21%

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