Inflation in Romania

Romania Inflation | Economic News & Forecasts

Romania - Inflation

Inflation hits over-decade high in December

Consumer prices increased 0.71% month-on-month in December, after flatlining in November. December’s result largely reflected higher prices for food, non-food products and for services.

Inflation accelerated to 8.2% in December, up from 7.8% in November, logging the highest reading in over a decade. Accordingly, the trend pointed up, with annual average inflation coming in at 5.1% in December from 4.5% in November.

FocusEconomics Consensus Forecast panelists see inflation averaging 5.7% in 2022, which is up 0.6 percentage points from last month’s forecast. For 2023, panelists see inflation averaging 3.6%.

Romania - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.6  -1.5  1.3  4.6  3.8  

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Romania 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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