Inflation in Romania
Romania - Inflation (end of period)
Inflation rises in July
Consumer prices declined 0.2% month-on-month in July, matching June’s print. July’s drop reflected lower prices for food and non-food goods.
Inflation rose to 4.1% in July (June: 3.8%), thus moving further away from the Central Bank’s 1.5%–3.5% target range. Meanwhile, annual average inflation inched down to 4.0% from 4.1% in June.
FocusEconomics Consensus Forecast panelists see inflation averaging 3.9% in 2019, which is up 0.1 percentage points from last month’s forecast. For 2020, panelists see inflation averaging 3.3%.
Romania - Inflation (eop) Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %, eop) | 1.6 | 0.8 | -0.9 | -0.5 | 3.3 |
Romania Inflation (eop) Chart
Source: National Institute of Statistics and FocusEconomics calculations.
Romania Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 4.37 | 0.23 % | Jul 31 |
| Exchange Rate | 4.25 | -0.34 % | Jul 31 |
| Stock Market | 9,204 | -0.59 % | Jul 31 |
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Economic News
Romania: Growth moderates in Q2 but remains strong nonetheless
August 14, 2019
Romania’s economy grew 4.4% year-on-year in the second quarter, according to a preliminary estimate released by the Statistical Institute on 14 August.
Romania: Inflation rises in July
August 12, 2019
Consumer prices declined 0.2% month-on-month in July, matching June’s print.
Romania: Industrial output falls in June
August 12, 2019
Industrial output fell 0.2% on an annual basis in June, contrasting May’s 0.2% increase.
Romania: NBR stays put in August
August 5, 2019
On 5 August, 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.
Romania: Industrial output slows in May
July 12, 2019
Industrial output rose 0.2% on an annual basis in May, decelerating from April’s 1.4% increase.
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