Inflation in Romania
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
|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||4.49||0.23 %||Dec 31|
|Exchange Rate||4.26||-0.34 %||Dec 31|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
January 15, 2020
Consumer prices rose 0.4% month-on-month in December, up from November’s 0.2% uptick.
January 15, 2020
Industrial production dived 7.7% year-on-year in seasonally- and working day-adjusted terms in November, following October’s 7.6% fall and marking the sharpest contraction since May 2009.
January 8, 2020
On 8 January, 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.
December 12, 2019
Industrial production dived 7.7% on an annual basis in October, following September’s 1.2% fall and marking the sharpest contraction since May 2009.
December 11, 2019
Consumer prices rose 0.2% month-on-month in November, down from October’s 0.4% increase.