Inflation in Romania
Romania - Inflation
Inflation recedes in June
Consumer prices declined 0.2% month-on-month in June, the lowest reading in 11 months, following May’s 0.5% increase. June’s drop reflected lower prices for food and non-food goods.
Inflation decelerated to 3.8% in June (May: 4.1%), closing in to the upper bound of the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation inched down to 4.1% from 4.2% in May.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.8% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, panelists see inflation averaging 3.2%.
Romania - Inflation Data
|Inflation Rate (CPI, annual variation in %)||4.0||1.1||-0.6||-1.5||1.3|
5 years of economic forecasts for more than 30 economic indicators.
Romania Inflation Chart
Source: National Institute of Statistics and FocusEconomics calculations.
|Bond Yield||4.69||0.23 %||Jul 11|
|Exchange Rate||4.20||-0.34 %||Jul 11|
|Stock Market||9,024||-0.59 %||Jul 11|
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July 12, 2019
Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4% increase.
July 10, 2019
Consumer prices declined 0.2% month-on-month in June, the lowest reading in 11 months, following May’s 0.5% increase.
July 8, 2019
A second national accounts release confirmed that output grew 5.0% year-on-year in the first quarter (Q4 2018: +4.1% year-on-year), marking the strongest outturn in more than a year and overshooting analysts’ expectations. Domestic demand powered the expansion.
July 4, 2019
On 4 July, 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.
June 13, 2019
Industrial output rose 1.4% on an annual basis in April, contrasting a 0.2% year-on-year fall in March.