The annual producer inflation in Romania eased to 24.02 percent in January 2023, from 32.76 percent in the previous month. It was the lowest producer inflation since September 2021, as prices dropped faster for mining and quarrying (-17.22 percent vs 26.13 percent in December 2022). Also, costs grew at a softer pace for electricity, gas, steam & air-conditioning supply (55.97 percent vs 84.03 percent) and manufacturing (14.21 percent vs 16.25 percent). Meanwhile, costs for water supply, sewerage, waste management & remediation activities accelerated (24.6 percent vs 20.95 percent). On a monthly basis, producer prices advanced 1.44 percent, accelerating from a 0.24 percent gain a month earlier. source: Institutul National de Statistica

Producer Prices Change in Romania averaged 6.89 percent from 2006 until 2023, reaching an all time high of 52.97 percent in August of 2022 and a record low of -3.40 percent in February of 2016. This page provides the latest reported value for - Romania Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Producer Prices Change in Romania is expected to be 19.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Producer Prices Change is projected to trend around 2.60 percent in 2024 and 1.80 percent in 2025, according to our econometric models.

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Romania Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-02-02 07:00 AM Dec 32.76% 35.13% 32%
2023-03-02 07:00 AM Jan 24.02% 32.76% 30%
2023-04-04 06:00 AM Feb 24.02% 21.5%


Related Last Previous Unit Reference
Inflation Rate 15.52 15.07 percent Feb 2023
Consumer Price Index CPI 100.98 100.34 points Feb 2023
Producer Prices 202.03 199.10 points Jan 2023
Producer Prices Change 24.02 32.76 percent Jan 2023
Inflation Rate MoM 0.98 0.34 percent Feb 2023
Food Inflation 22.35 22.47 percent Feb 2023
CPI Transportation 100.04 100.18 points Feb 2023

Romania Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
24.02 32.76 52.97 -3.40 2006 - 2023 percent Monthly
NSA

News Stream
Romania Producer Inflation at 16-Month Low
The annual producer inflation in Romania eased to 24.02 percent in January 2023, from 32.76 percent in the previous month. It was the lowest producer inflation since September 2021, as prices dropped faster for mining and quarrying (-17.22 percent vs 26.13 percent in December 2022). Also, costs grew at a softer pace for electricity, gas, steam & air-conditioning supply (55.97 percent vs 84.03 percent) and manufacturing (14.21 percent vs 16.25 percent). Meanwhile, costs for water supply, sewerage, waste management & remediation activities accelerated (24.6 percent vs 20.95 percent). On a monthly basis, producer prices advanced 1.44 percent, accelerating from a 0.24 percent gain a month earlier.
2023-03-02
Romanian Producer Inflation Lowest in Over a Year
The annual producer inflation in Romania increased 32.76 percent in December of 2022, easing from 35.13 percent in November 2022, as prices rose at a softer pace for both electricity, gas, steam & air-conditioning supply (84.03 percent vs 93.05 percent in November) and manufacturing (16.25 percent vs 18.26 percent). On the other hand, prices increased faster for mining & quarrying (26.13 percent vs 23.90 percent), water supply, sewerage, waste management & remediation activities (20.95 percent vs 20.63 percent). On a monthly basis, producer prices increased 0.24 percent, slowing from a 0.55 percent rise in November.
2023-02-02
Romanian Producer Inflation at 11-Month Low
The annual producer inflation in Romanian eased to a 11-month low of 35.13 percent in November of 2022 from a marginally 41.06 percent in October. Prices rose at a softer pace for electricity, gas, steam & air-conditioning supply (93.05 percent vs 126.54 percent in October), mining & quarrying (23.90 percent vs 35.29 percent), manufacturing (18.26 percent vs 19.70 percent), and water supply, sewerage, waste management & remediation activities (20.63 percent vs 20.92 percent). On a monthly basis, producer prices climbed by 0.55 percent, slowing from a 2.24 percent rise in the previous month.
2023-01-04