Cost of food in Romania increased 3.24 percent in December of 2020 over the same month in the previous year, the least since December of 2018. source: Institutul National de Statistica
Food Inflation in Romania averaged 18.47 percent from 1995 until 2020, reaching an all time high of 178.30 percent in April of 1997 and a record low of -8.97 percent in May of 2014. This page provides - Romania Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Food Inflation - values, historical data and charts - was last updated on January of 2021.
Food Inflation in Romania is expected to be 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Romania to stand at 4.50 in 12 months time. In the long-term, the Romania Food Inflation is projected to trend around 3.50 percent in 2021, according to our econometric models.