Inflation in Romania
Romania - Harmonized Inflation
Inflation ticks up in April
Consumer prices increased 0.6% from a month earlier in April, up from the 0.5% month-on-month increase in March. Prices were up across-the-board, lifted primarily by the food and services categories.
Inflation ticked up to 4.1% from 4.0% in March, climbing further away from the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation inched down to 4.3% from 4.4% in March.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.2% in 2019, which is unchanged from last month’s forecast. For 2020, panelists see inflation averaging 3.0%.
Romania - Harmonized Inflation Data
|Inflation Rate (HICP, annual variation in %)||3.2||1.4||-0.4||-1.1||1.1|
5 years of economic forecasts for more than 30 economic indicators.
Romania Harmonized Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||4.74||0.23 %||Jun 13|
|Exchange Rate||4.18||-0.34 %||Jun 13|
|Stock Market||8,477||-0.59 %||Jun 13|
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May 29, 2019
Romania’s economy grew 5.0% year-on-year in the first quarter, according to a preliminary estimate released by the Statistical Institute on 15 May.
May 15, 2019
On 15 May, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%, while also leaving the deposit facility rate at 1.50%, the lending facility (Lombard) rate at 3.50% and maintaining the reserve requirements on both leu- and foreign currency-denominated liabilities.
May 14, 2019
Industrial output declined 0.2% on an annual basis in March, contrasting the 1.9% year-on-year rise in February.
May 13, 2019
Consumer prices increased 0.6% from a month earlier in April, up from the 0.5% month-on-month increase in March.
April 8, 2019
A second estimate released on 8 April by the Statistical Institute (INSSE) confirmed that the economy grew 4.1% in the fourth quarter over the same period a year earlier, a notch below the third quarter’s 4.2% expansion.