Inflation in Romania
Romania - Inflation
Inflation stable in January
Consumer prices jumped 0.8% over the previous month in January, following December’s 0.2% month-on-month increase. A notable increase in prices for food, and higher prices for non-food items and services drove the result. Vegetables recorded the biggest increase in prices, while interurban transport recorded the largest decline
Inflation was stable at December’s one-year low of 3.3% in January, thus remaining within the Central Bank’s target range of 1.5%–3.5%. Meanwhile, annual average inflation inched down from December’s 4.8% to 4.7% in January.
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 - 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||4.87||0.23 %||Mar 20|
|Exchange Rate||4.19||-0.34 %||Mar 20|
|Stock Market||8,019||-0.59 %||Mar 20|
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February 14, 2019
According to a preliminary estimate released by the National Institute of Statistics on 14 February, the economy expanded 4.1% in the fourth quarter over the same period last year, slightly decelerating from the third quarter (Q3: +4.2% year-on-year).
February 13, 2019
Industrial output dropped 0.8% in annual terms in December, contrasting November's 2.6% expansion.
February 13, 2019
Consumer prices jumped 0.8% over the previous month in January, following December’s 0.2% month-on-month increase.
February 7, 2019
At its monetary policy meeting held on 7 February, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%.
January 14, 2019
Industrial output grew 2.6% in annual terms in November, below October's 3.5% expansion.