Inflation in Romania

Romania Harmonized Inflation | Economic News & Forecasts

Romania - Harmonized Inflation

Inflation falls to one-year low in December

Consumer prices rose 0.2% over the previous month in December, contrasting November’s 0.1% month-on-month decline. Higher prices for food and services drove the result, offsetting lower prices for non-food goods. Vegetables and tobacco and cigarettes recorded the biggest increases in prices, while fuels recorded the largest decline

Inflation inched down from November’s 3.4% to a one-year low of 3.3% in December, thus remaining within the Central Bank’s target range of 1.5%–3.5%. Meanwhile, annual average inflation remained stable at November’s 4.6% in December.

Romania Inflation Forecast

FocusEconomics Consensus Forecast panelists see inflation averaging 3.2% in 2019, which is unchanged from last month’s forecast. For 2020, panelists expect average inflation of 3.0%.

Romania - Harmonized Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %)3.2  1.4  -0.4  -1.1  1.1  

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Romania Harmonized Inflation Chart

Romania Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Institute of Statistics and FocusEconomics calculations.

Romania Facts

Bond Yield5.110.23 %Jan 16
Exchange Rate4.11-0.34 %Jan 16
Stock Market7,077-0.59 %Jan 16

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