Romania's annual inflation rate increased to 8.19 percent in December 2021 from 7.8 in the prior month. It was the highest inflation rate since May 2011, amid a faster rise in cost of non-food products (10.73 vs 10.49 percent in November), food (6.69 percent vs 6.10 percent), and services (4.49 percent vs 4.09 percent). For full 2021, inflation rate averaged 5.05 percent, up from 2.63 percent in 2020. On a monthly basis, consumer prices were up 0.71 percent, after a flat reading in November. source: Institutul National de Statistica

Inflation Rate in Romania averaged 40.31 percent from 1991 until 2021, 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. This page provides - Romania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Inflation Rate in Romania is expected to be 8.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Inflation Rate is projected to trend around 6.00 percent in 2023 and 3.80 percent in 2024, according to our econometric models.

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Romania Inflation Rate


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.
Actual Previous Highest Lowest Dates Unit Frequency
8.19 7.80 316.90 -3.50 1991 - 2021 percent Monthly
1990=100

Calendar GMT Actual Previous Consensus TEForecast
2021-12-13 07:00 AM Nov 7.8% 7.94% 8% 8.1%
2022-01-14 07:00 AM Dec 8.19% 7.8% 7.75% 8.2%
2022-02-11 07:00 AM Jan 8.19%


Related Last Previous Unit Reference
Inflation Rate 8.19 7.80 percent Dec/21
Consumer Price Index CPI 100.71 100.00 points Dec/21
Producer Prices 146.90 140.00 points Nov/21
Producer Prices Change 32.21 26.83 percent Nov/21
Inflation Rate Mom 0.71 0.00 percent Dec/21
Food Inflation 6.69 6.10 percent Dec/21
CPI Transportation 100.13 100.05 points Dec/21


News Stream
Romanian Inflation Rate Highest Since 2011
Romania's annual inflation rate increased to 8.19 percent in December 2021 from 7.8 in the prior month. It was the highest inflation rate since May 2011, amid a faster rise in cost of non-food products (10.73 vs 10.49 percent in November), food (6.69 percent vs 6.10 percent), and services (4.49 percent vs 4.09 percent). For full 2021, inflation rate averaged 5.05 percent, up from 2.63 percent in 2020. On a monthly basis, consumer prices were up 0.71 percent, after a flat reading in November.
2022-01-14
Romania Inflation Rate Eases Slightly
Romania's annual inflation rate edged down to 7.8 percent in November 2021 from an over a decade high of 7.94 in the prior month, amid a slowdown in cost of non-food products (10.49 vs 11.39 percent in October). At the same time, food prices rose by 6.10 percent, the most since May 2013, after a 5.25 percent gain in October; while inflation accelerated for services (4.09 percent vs 3.96 percent). On a monthly basis, consumer prices were flat after rising 1.78 percent in October.
2021-12-13
Romania Inflation Rate Highest in Over a Decade
Romania's annual inflation rate increased to 7.04 percent in October of 2021 from 6.29 percent a month earlier. It was the highest reading since May 2011, boosted by a faster rise in prices of food products (5.25 percent vs 4.27 percent in September), non-food products (11.39 percent vs 8.71 percent), and services (3.96 percent vs 3.75 percent). On a monthly basis, consumer prices rose 1.78 percent in October, the most since July 2010, after a 0.95 percent gain in September.
2021-11-10