Inflation in Romania

Romania - Inflation (end of period)
Inflation comes in at highest level since October 2003 in June
Consumer prices increased a seasonally-adjusted 0.76% from the previous month in June, a smaller increase than the 1.18% rise logged in May. The slowdown was largely driven by softer growth in prices for food. In addition, price pressures for non-food goods eased.
Meanwhile, inflation came in at 15.1% in June, which was up from May’s 14.5%. June's reading was the highest inflation rate since October 2003. Annual average inflation rose to 9.2% in June (May: 8.3%).
Our panelists see inflation averaging 11.9% in 2022, which is up 1.4 percentage points from last month’s forecast, and 7.1% in 2023.
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 |
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Economic News
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Romania: Industrial output expands at fastest pace since June 2021 in May
July 13, 2022
Industrial production grew 6.4% year on year in May (April: -9.0% yoy).
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Romania: Inflation comes in at highest level since October 2003 in June
July 12, 2022
Consumer prices increased a seasonally-adjusted 0.76% from the previous month in June, a smaller increase than the 1.18% rise logged in May.
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Romania: NBR delivers surprise 100 basis point hike in July
July 6, 2022
At its meeting on 6 July, the National Bank of Romania (NBR) raised the policy rate to 4.75% from May’s 3.75%.
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Romania: Industrial activity falls at sharpest rate since June 2020 in April
June 14, 2022
Industrial output nosedived 8.7% year on year in April (March: -1.9% yoy).
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Romania: Inflation increases in May
June 10, 2022
Consumer prices rose a seasonally-adjusted 1.18% in May over the previous month, slowing down from April's 3.74% increase.