Inflation in Romania

Romania Inflation | Economic News & Forecasts

Romania - Inflation

Inflation increases to over one-year high in May

Consumer prices increased 0.53% from the previous month in May, picking up from the 0.45% rise logged in April. May's figure was the sharpest increase in prices since January, and was primarily driven by rising prices for food.

Inflation came in at 3.8% in May, up from April’s 3.2%. May's result was the highest inflation rate since December 2019. Meanwhile, the trend pointed up slightly, with annual average inflation coming in at 2.8% in May (April: 2.6%). Lastly core inflation rose to 3.1% in May, from the previous month's 2.8%.

FocusEconomics Consensus Forecast panelists see inflation averaging 3.3% in 2021, which is up 0.2 percentage points from last month’s forecast. For 2022, panelists see inflation averaging 2.9%.

Romania - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)-0.6  -1.5  1.3  4.6  3.8  

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Romania Inflation Chart

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

Romania Facts

Value Change Date
Bond Yield4.490.23 %Dec 31
Exchange Rate4.26-0.34 %Dec 31

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