Inflation in Romania
Romania - Inflation (end of period)
Inflation falls to over two-and-a-half year low in May
Consumer prices rose a seasonally-adjusted 0.1% over the last month in May, a smaller increase than April's 0.3% rise. May's result marked the softest rise in prices since July 2019. Looking at the details of the release, food prices rose at a slower pace in May, while price pressures for non-food goods fell at a slower pace. Meanwhile, services prices increased at a quicker pace compared to the previous month.
Inflation fell to 2.3% in May, down from April’s 2.7%. May's reading was the lowest inflation rate since September 2017. Accordingly, the trend pointed down mildly, with annual average inflation coming in at 3.4% in May (April: 3.6%). Core inflation fell to 0.2% from April’s 0.5%.
FocusEconomics Consensus Forecast panelists see inflation averaging 2.7% in 2020, which is up 0.1 percentage points from last month’s forecast. For 2021, panelists see inflation averaging 2.8%.
Romania - Inflation (eop) Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %, eop) | -0.9 | -0.5 | 3.3 | 3.3 | 4.0 |
Romania Inflation (eop) Chart
Source: National Institute of Statistics and FocusEconomics calculations.
Romania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.49 | 0.23 % | Dec 31 |
| Exchange Rate | 4.26 | -0.34 % | Dec 31 |
Sample Report
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.
Economic News
-
Romania: Inflation falls to over two-and-a-half year low in May
June 12, 2020
Consumer prices rose a seasonally-adjusted 0.1% over the last month in May, a smaller increase than April's 0.3% rise.
-
Romania: Industrial output contracts at sharpest pace on record in April
June 12, 2020
Industrial output fell 38.6% year-on-year in April (March: -14.5% yoy) marking the sharpest contraction on record.
-
Romania: Growth slows to near six-year low in Q1
June 9, 2020
A second reading confirmed economic activity waned in the first quarter, with GDP growth moderating to 2.4% year-on-year, down from Q4’s 4.3% expansion.
-
Romania: NBR cuts rates in unscheduled meeting in May
May 29, 2020
In an unscheduled meeting held on 29 May, the National Bank of Romania (NBR) cut the policy rate by 25 basis points to 1.75% and the lending facility (Lombard) rate by 25 basis points to 2.25%.
-
Romania: Growth records slowest expansion since Q2 2014
May 15, 2020
GDP growth moderated to 2.4% year-on-year in the first quarter from the 4.3% expansion tallied in the final quarter of 2019, according to a flash estimate released by the Statistical Institute on 15 May.
© Copyright: 2020. | Romania Inflation | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
