Romania Inflation May 2019

Romania

Romania: Inflation stable in May

June 12, 2019

Consumer prices increased 0.5% month-on-month in May, down from 0.6% in April. Although prices were up across-the-board, the food and services categories led the acceleration.

Inflation was stable from April at 4.1%, landing within the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation inched down to 4.2% from 4.3% in April.

FocusEconomics Consensus Forecast panelists see inflation averaging 3.7% in 2019, which is up 0.2 percentage points from last month’s forecast. For 2020, panelists see inflation averaging 3.1%.


Author:, Economist

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Romania Inflation Chart


Romania Inflation May 2019

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


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