Inflation fell to 15.1% in January (December: 16.4%), undershooting market expectations. A deceleration in non-food goods prices more than offset accelerating food and services prices. Inflation should return to single digits by Q3 2023 due to lower demand growth and the energy price cap, but the impact of these will be partially offset by minimum wage and pension hikes.
Romania Exchange Rate (RON per EUR, aop) Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Exchange Rate (RON per EUR, aop) | 4.57 | 4.65 | 4.75 | 4.84 | 4.92 |