Inflation in Romania

Romania Harmonized Inflation | Economic News & Forecasts

Romania - Harmonized Inflation

Inflation comes in at highest level since October 2004 in March

Consumer prices rose a seasonally-adjusted 1.88% over the previous month in March, picking up from the 0.58% rise recorded in February. March's result was the highest reading since July 2010. The pick-up was primarily due to rising prices for food and fuels. In addition, price pressures for non-food goods intensified.

Inflation increased to 10.2% in March, following February’s 8.5%. March's figure represented the highest inflation rate since October 2004. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.5% in March (February: 5.9%).

The panel sees inflation averaging 8.5% in 2022, which is up 0.7 percentage points from last month’s forecast, and 4.8% in 2023.

Romania - Harmonized Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (HICP, annual variation in %)-0.4  -1.1  1.1  4.1  3.9  

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Romania Harmonized Inflation Chart

Romania Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Institute of Statistics and FocusEconomics calculations.

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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