Romania Inflation June 2021

Romania

Romania: Inflation accelerates in June

July 13, 2021

Consumer prices increased 0.27% from the previous month in June, below the 0.53% rise logged in May. April’s the lowest reading in seven months and was largely attributed to a softer growth in prices for food and non-alcoholic beverages.

Inflation came in at 3.9% in June, slightly up from May’s 3.8%. Accordingly, the trend pointed up, with annual average inflation coming in at 2.9% in June (May: 2.8%). Lastly core inflation rose to 3.3% in June, from the previous month's 3.1%.

FocusEconomics Consensus Forecast panelists see inflation averaging 3.6% in 2021, which is up 0.3 percentage points from last month’s forecast. For 2022, panelists see inflation averaging 3.1%.


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Romania Inflation June 2021

Note: Year-on-year and month-on-month variation of consumer price index in %.
Source: National Institute of Statistics.


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