Romania's annual inflation rate increased to 3.75 percent in May of 2021 from 3.24 percent a month earlier and above market estimates of 3.5 percent. It was the highest inflation rate since December 2019, due to a faster rise in prices of services (2.8 percent vs 2.6 percent in April), non-food products (5.7 percent vs 5.2 percent) and food products (1.5 percent vs 0.8 percent). On a monthly basis, consumer prices rose 0.5 percent in May, the same pace as in April. source: Institutul National de Statistica

Inflation Rate in Romania averaged 40.98 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 June of 2021.

Inflation Rate in Romania is expected to be 3.50 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 2.40 in 12 months time. In the long-term, the Romania Inflation Rate is projected to trend around 2.80 percent in 2022, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Romania Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.75 3.24 316.90 -3.50 1991 - 2021 percent Monthly
1990=100


Calendar GMT Actual Previous Consensus TEForecast
2021-03-11 07:00 AM Feb 3.2% 3% 3.1% 3.2%
2021-04-13 06:00 AM Mar 3.05% 3.2% 3.1% 2.9%
2021-05-13 06:00 AM Apr 3.24% 3.05% 3.2% 3.2%
2021-06-11 06:00 AM May 3.75% 3.24% 3.5% 3.5%
2021-07-09 06:00 AM Jun 3.75%
2021-08-12 06:00 AM Jul
2021-09-10 06:00 AM Aug
2021-10-12 06:00 AM Sep
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Romanian Inflation Rate at 17-Month High of 3.75%
Romania's annual inflation rate increased to 3.75 percent in May of 2021 from 3.24 percent a month earlier and above market estimates of 3.5 percent. It was the highest inflation rate since December 2019, due to a faster rise in prices of services (2.8 percent vs 2.6 percent in April), non-food products (5.7 percent vs 5.2 percent) and food products (1.5 percent vs 0.8 percent). On a monthly basis, consumer prices rose 0.5 percent in May, the same pace as in April.
2021-06-11
Romanian Inflation Rate at 15-Month High of 3.2%
Romania's annual inflation rate inched up to 3.24 percent in April of 2021 from 3.05 percent a month earlier and slightly above market estimates of 3.2 percent. It was the highest inflation rate since January 2020, due to a faster rise in prices of both services (2.6 percent vs 2.2 percent in March) and non-food products (5.2 percent vs 4.4 percent). Meanwhile, food prices continued to increase (0.8 percent vs 1.6 percent). On a monthly basis, consumer prices rose 0.5 percent in April, accelerating from a 0.4 percent in a month earlier.
2021-05-13
Romanian Inflation Rate Eases to 3.05% in March
Romania's annual inflation rate slowed to 3.05 percent in March of 2021 from 3.2 percent a month earlier and slightly below market estimates of 3.1 percent, as food inflation eased to a 43-month low of 1.6 percent from 2.7 percent in February. Also, services inflation slowed to 2.2 percent from 2.3 percent in the prior month. Meanwhile, non-food products inflation accelerated (4.4 percent vs 3.8 percent in February). On a monthly basis, consumer prices rose 0.4 percent in March, the same pace as in a month earlier.
2021-04-13
Romania Inflation Rate at 13-Month High
Romania's annual inflation rate rose to 3.2 percent in February of 2021 from 3 percent a month earlier and above market estimates of 3.1 percent. This was the highest reading since January 2020, amid a faster rise in cost of non-food products (3.8 percent vs 3.3 percent in January). Meanwhile, food prices went up 2.7 percent, slowing from a 2.9 percent gain in January and marking the lowest food inflation in 41 months. In addition, services inflation slowed to 2.3 percent from 2.5 percent in January. On a monthly basis, consumer prices rose 0.4 percent in February, after following a 1.3 percent rise a month earlier.
2021-03-11

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.