Romania's annual inflation rate increased to 4.0 percent in December 2019 from 3.8 percent in the previous month and compared to market estimates of 3.9 percent. This was the highest inflation rate since July, as prices rose faster for both food (5.1 percent vs 4.9 percent) and non-food products (3.3 percent vs 2.8 percent). At the same time, inflation was steady for services (at 4.2 percent). On a monthly basis, consumer prices went up 0.4 percent in December, following a 0.2 percent gain in November. Inflation Rate in Romania averaged 42.89 percent from 1991 until 2019, reaching an all time high of 316.90 percent in November of 1993 and a record low of -3.50 percent in May of 2016. source: Institutul National de Statistica

Inflation Rate in Romania is expected to be 3.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Romania to stand at 3.00 in 12 months time. In the long-term, the Romania Inflation Rate is projected to trend around 2.80 percent in 2020, according to our econometric models.


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Romania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.00 3.80 316.90 -3.50 1991 - 2019 percent Monthly
1990=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-11 06:00 AM Sep 3.5% 3.9% 3.7% 3.8%
2019-11-12 07:00 AM Oct 3.4% 3.5% 3.35% 3.4%
2019-12-11 07:00 AM Nov 3.8% 3.4% 3.7% 3.5%
2020-01-14 07:00 AM Dec 4% 3.8% 3.9% 3.7%
2020-02-13 07:00 AM Jan 4% 3.3%


News Stream
2019-12-11
Romania Inflation Rate Rises to 3-Month High of 3.8%
Romania's annual inflation rate increased to 3.8 percent in November 2019 from 3.4 percent in the previous month and compared to market estimates of 3.7 percent. This was the highest inflation rate since August, as prices rose at a faster rate for non-food products (2.8 percent vs 2.6 percent in October); services (4.2 percent vs 4.1 percent), and food (4.9 percent vs 4.2 percent). On a monthly basis, consumer prices went up 0.2 percent in November, following a 0.5 percent gain in October.

2019-11-12
Romanian Inflation Rate at 9-Month Low of 3.4%
Romania's annual inflation rate inched lower to 3.4 percent in October 2019 from 3.5 percent in the previous month and compared to market estimates of 3.35 percent. This was the lowest inflation rate since January, as prices rose at a softer rate for non-food products (2.6 percent vs 2.8 percent in September) and services (4.1 vs 4.2 percent). Meanwhile, food prices increased faster (4.2 percent vs 4.1 percent). On a monthly basis, consumer prices went up 0.5 percent in October, following a 0.1 percent gain in September.

2019-10-11
Romanian Inflation Rate Eases to 8-Month Low of 3.5%
Romania's annual inflation rate fell to 3.5 percent in September 2019 from 3.9 percent in the previous month and compared to market estimates of 3.7 percent. This was the lowest inflation rate since January, as prices rose at a softer rate for both food (4.1 percent vs 5 percent in August) and non-food products (2.8 percent vs 3 percent). Meantime, services inflation was steady (at 4.2 percent). On a monthly basis, consumer prices edged up 0.1 percent in September, following a 0.06 percent gain in August.

2019-09-11
Romanian Inflation Rate Slows to 3.9% in August
Romania's annual inflation rate fell to 3.9 percent in August 2019 from 4.1 percent in the previous month and compared to market estimates of 3.8 percent. Prices rose at a softer rate for both food (5 percent vs 5.2 percent in July) and non-food products (3 percent vs 3.4 percent). Meantime, services inflation inched higher to 4.2 percent from 4.1 percent. On a monthly basis, consumer prices edged up 0.06 percent in August, following a 0.2 percent fall in July.

2019-08-12
Romanian Inflation Rate Rises to 4.1% in July
Romania's annual inflation rate increased to 4.1 percent in July 2019 from 3.8 percent in the previous month and compared to market estimates of 4.15 percent. Prices rose at faster pace for both food (5.2 percent vs 5.0 percent in June) and non-food products (3.4 percent vs 2.9 percent). Meantime, services inflation slowed to 4.1 percent from 4.3 percent. On a monthly basis, consumer prices went down by 0.20 percent, the second straight monthly fall, after decreasing by 0.23 percent in June.

2019-07-10
Romanian Inflation Rate Slows to 4-Month Low
Romania's annual inflation rate fell to a four-month low of 3.8 percent in June 2019 from 4.1 percent in the previous month and compared to market estimates of 3.9 percent. Prices rose at softer pace for both food (5 percent vs 5.2 percent in May) and non-food products (2.9 percent vs 3.3 percent). Meantime, services inflation was steady at 4.3 percent. On a monthly basis, consumer prices dropped by 0.2 percent, the first monthly fall in seven months, reversing a 0.5 percent rise in May.


Romania Inflation Rate
In Romania, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.

Romania Prices Last Previous Highest Lowest Unit
Inflation Rate 4.00 3.80 316.90 -3.50 percent [+]
Consumer Price Index CPI 100.42 99.80 130.70 97.05 points [+]
Core Consumer Prices 106.43 106.34 106.43 38.42 points [+]
Core Inflation Rate 2.90 2.90 29.70 -0.50 percent [+]
Producer Prices 111.90 111.60 111.90 33.30 points [+]
Producer Prices Change 3.40 2.30 16.70 -3.40 percent [+]
Inflation Rate Mom 0.40 0.23 30.70 -2.95 percent [+]
CPI Transportation 100.00 100.12 108.60 99.47 points [+]
Food Inflation 5.08 4.16 178.30 -8.97 percent [+]
Harmonised Consumer Prices 109.31 108.90 109.31 2.71 points [+]