Romania buildings

Romania Inflation February 2023

Romania: Inflation unexpectedly rebounds in February

Inflation came in at 15.5% in February, up from January’s 15.1% and overshooting market expectations. Looking at the details of the release, prices of non-food goods and services rose at a quicker pace compared to the previous month.

Annual average inflation rose to 14.9% in February (January: 14.3%).

Lastly, consumer prices increased a seasonally adjusted 0.98% in February over the previous month, picking up from January’s 0.34% increase.

On the outlook, analysts at the EIU commented:

“Broad-based inflationary pressures will remain strong throughout 2023, from both the supply and demand side. On the demand side, a still-relaxed fiscal stance will be supportive of price rises. A stabilisation of energy costs, the resolution of supply-chain disruptions and tighter monetary policy will cause inflation to moderate more significantly from 2024.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest