Inflation in Romania
Romania - Inflation (end of period)
Inflation stable in January
Consumer prices jumped 0.8% over the previous month in January, following December’s 0.2% month-on-month increase. A notable increase in prices for food, and higher prices for non-food items and services drove the result. Vegetables recorded the biggest increase in prices, while interurban transport recorded the largest decline
Inflation was stable at December’s one-year low of 3.3% in January, thus remaining within the Central Bank’s target range of 1.5%–3.5%. Meanwhile, annual average inflation inched down from December’s 4.8% to 4.7% in January.
Romania Inflation Forecast
FocusEconomics Consensus Forecast panelists see inflation averaging 3.2% in 2019, which is unchanged from last month’s forecast. For 2020, panelists expect average inflation of 3.0%.
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 | 4.87 | 0.23 % | Mar 20 |
| Exchange Rate | 4.19 | -0.34 % | Mar 20 |
| Stock Market | 8,019 | -0.59 % | Mar 20 |
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Economic News
Romania: Growth moderates in Q4
February 14, 2019
According to a preliminary estimate released by the National Institute of Statistics on 14 February, the economy expanded 4.1% in the fourth quarter over the same period last year, slightly decelerating from the third quarter (Q3: +4.2% year-on-year).
Romania: Industrial production contracts in December
February 13, 2019
Industrial output dropped 0.8% in annual terms in December, contrasting November's 2.6% expansion.
Romania: Inflation stable in January
February 13, 2019
Consumer prices jumped 0.8% over the previous month in January, following December’s 0.2% month-on-month increase.
Romania: Central Bank holds rates unchanged at its February meeting
February 7, 2019
At its monetary policy meeting held on 7 February, the National Bank of Romania (NBR) kept the policy rate unchanged at 2.50%.
Romania: Industrial production loses steam in November
January 14, 2019
Industrial output grew 2.6% in annual terms in November, below October's 3.5% expansion.
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