Inflation in Romania

Romania Inflation | Economic News & Forecasts

Romania - Inflation

Inflation edges up in December

Consumer prices rose 0.4% month-on-month in December, up from November’s 0.2% uptick. The largest increase was recorded for prices for food, while prices for non-food goods and services ticked up.

Inflation logged 4.0% in December from November’s 3.8%, marking the highest print since July, and thus moved further above the upper bound of the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation was stable at November’s 3.8% in December.

FocusEconomics Consensus Forecast panelists see inflation averaging 3.4% in 2020, which is up 0.1 percentage points from last month’s forecast. For 2021, panelists see inflation averaging 3.2%.

Romania - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)4.0  1.1  -0.6  -1.5  1.3  

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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

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

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