Latest reading: Consumer prices were up 0.7% on a year-on-year basis in May, following a 0.6% increase in the previous...
Inflation in Romania
Consumer price inflation in Romania averaged 4.2% in the ten years to 2024, in line with the South-Eastern Europe regional average of 15.2%. The 2024 average figure was 5.6%. For more information on inflation, visit our dedicated page.
Romania Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Romania from 2014 to 2025.
Source: Macrobond.
Romania Inflation Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 5.0 | 13.7 | 10.5 | 5.6 | 7.3 |
| Inflation (CPI, ann. var. %, eop) | 8.2 | 16.4 | 6.6 | 5.1 | 9.7 |
| Inflation (HICP, ann. var. %, aop) | 4.1 | 12.0 | 9.7 | 5.8 | 7.0 |
| Inflation (Core, ann. var. %, eop) | 4.8 | 13.8 | 8.4 | 6.0 | 8.3 |
| Inflation (PPI, ann. var. %, aop) | 14.9 | 43.6 | 4.7 | -2.2 | 3.3 |
Inflation rises in April from March
Latest reading: Consumer prices rose 10.7% in annual terms in April, following a 9.9% increase in the previous month. April's reading was the strongest since April 2023. Relative to the previous month's data, there were higher price pressures for non-food goods (+12.0% on a year-on-year basis vs +10.9% in March) and services (+13.0% vs +11.1% in March). In contrast, price pressures reduced for food in April (+7.4% vs +7.7% in March). Finally, consumer prices were up 0.84% in April on a month-on-month basis, following a 0.78% increase in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Romanian inflation projections for the next ten years from a panel of 32 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Romanian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Romanian inflation projections.
Want to get access to the full dataset of Romanian inflation forecasts? Send an email to info@focus-economics.com.
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