Romania's annual inflation rate increased to 14.49 percent in May of 2022 from 13.76 percent in the prior month. This was the highest reading since November 2003, as prices of food products accelerated further, rising the most since November 2003 (14.25 percent vs 13.54 percent in April). Additional upward pressure also came from cost of both services (7.47 vs 7.11 percent) and non-food products (17.18 vs 16.35 percent). On a monthly basis, consumer prices rose by 1.18 percent in May, the least in three months, easing from a 3.74 percent gain in April, which was the highest level since July 2000. source: Institutul National de Statistica

Inflation Rate in Romania averaged 39.91 percent from 1991 until 2022, 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 July of 2022.

Inflation Rate in Romania is expected to be 14.00 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 3.20 percent in 2023 and 3.80 percent in 2024, according to our econometric models.

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Romania Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-11 06:00 AM Apr 13.76% 10.15% 11.15% 11.3%
2022-06-10 06:00 AM May 14.49% 13.76% 14.6% 14.2%
2022-07-12 06:00 AM Jun 14.49%


Related Last Previous Unit Reference
Inflation Rate 14.49 13.76 percent May 2022
Consumer Price Index CPI 101.18 103.74 points May 2022
Producer Prices 177.04 165.50 points Mar 2022
Producer Prices Change 47.11 51.68 percent Apr 2022
Food Inflation 14.25 13.54 percent May 2022
CPI Transportation 100.16 101.75 points May 2022
Inflation Rate Mom 1.18 3.74 percent May 2022

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
14.49 13.76 316.90 -3.50 1991 - 2022 percent Monthly
1990=100

News Stream
Romanian Inflation Rate at 9-1/2-Year High
Romania's annual inflation rate increased to 14.49 percent in May of 2022 from 13.76 percent in the prior month. This was the highest reading since November 2003, as prices of food products accelerated further, rising the most since November 2003 (14.25 percent vs 13.54 percent in April). Additional upward pressure also came from cost of both services (7.47 vs 7.11 percent) and non-food products (17.18 vs 16.35 percent). On a monthly basis, consumer prices rose by 1.18 percent in May, the least in three months, easing from a 3.74 percent gain in April, which was the highest level since July 2000.
2022-06-10
Romanian Inflation Rate Highest Since 2004
Romania's annual inflation rate quickened to 13.76 percent in April of 2022 from 10.15 percent in the prior month. This was the highest reading since February 2004, as prices of food products accelerated further, rising the most since December 2003 (13.54 percent vs 11.2 percent in March). Additional upward pressure also came from cost of both services (7.11 vs 6.50 percent), and non-food products (16.35 vs 10.90 percent). On a monthly basis, consumer prices went up by 3.74 percent in April, the most since July 2000, after a 1.9 percent rise in March.
2022-05-11
Romania Inflation Rate Rises to 17-1/2-Year High
Romania's annual inflation rate increased to 10.2 percent in March of 2022 from 8.5 percent in the prior month. This was the highest reading since October of 2004, as prices of food products accelerated, rising the most since May 2011 (11.2 percent vs 8.84 percent in February). Also, inflation quickened for services (6.5 percent vs 6.1 percent) and non-food products (10.9 percent vs 9.3 percent). In 2021, the inflation rate averaged at 5.05 percent, up sharply from 2.63 percent a year earlier. On a monthly basis, consumer prices went up by 1.9 percent, the most in over 11 years, after a 8.8 percent rise in February.
2022-04-12