Romania Inflation January 2021

Romania

Romania: Inflation rises in January

February 12, 2021

Consumer prices rose 1.33% over the previous month in January, picking up from the 0.34% increase logged in December. January's result was the sharpest increase in prices since January 2013. January’s pickup was broad-based, with greater price pressures recorded for food, non-food goods, and services.

Inflation came in at 3.0% in January, up from December’s 2.1%. Meanwhile, annual average inflation came in at December's 2.6% in January. Lastly, core inflation rose to 3.6% from December’s 2.9%.

FocusEconomics Consensus Forecast panelists see inflation averaging 2.6% in 2021, which is down 0.1 percentage points from last month’s forecast. For 2022, panelists see inflation also averaging 2.8%.


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Romania Inflation January 2021

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


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