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, accelerating from a 0.95 percent gain in September. source: Institutul National de Statistica
Inflation Rate in Romania averaged 40.49 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 December of 2021.
Inflation Rate in Romania is expected to be 7.20 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 3.00 percent in 2022 and 2.80 percent in 2023, according to our econometric models.