Romania Inflation Edges Higher in September

The annual inflation rate in Romania rose to 6.6% in September 2026 from 6.2% in the previous month, above market expectations of 6.45%. The acceleration was driven by faster price growth in food goods (3.0% vs. 2.6%) and non-food goods (7.1% vs. 6.4%). Among food items, prices increased for bread and bakery products (4.8%), milk and dairy products (4.6%), and meat and meat products (4.1%). Fuel prices remained a key contributor to inflation, with petrol and diesel prices surging by 28.4% and 37.6%, respectively. Meanwhile, services inflation eased slightly to 11.1% from 11.3% in August. On a monthly basis, consumer prices grew by 0.77% in August, accelerating slightly from 0.22% increase in the preceding period. Meanwhile, the HICP-based annual inflation rate rose to 6.5% from 6.3% in August.

The annual inflation rate in Romania eased to 6.2% in August 2026 from 8.2% in the previous month, slightly below market expectations of 6.3%. The latest figure marked the lowest reading since June 2025, as price growth slowed for food goods, falling to 2.6% from 5.0%, driven largely by lower prices for milling and bakery products (4.3% vs 7.1% in July), meat and meat products (3.9% vs 6.0%), and milk and dairy products (4.7% vs 6.7%). Inflation also moderated for non-food goods, easing to 6.4% from 7.9% a month earlier, weighed down by slower price growth for clothing (5.6% vs 6.6%), chemicals (5.7% vs 8.0%), and cultural and sports products (6.5% vs 8.6%). Moreover, services inflation eased to 11.3% from 13.7%. On a monthly basis, consumer prices grew by 0.2% in August, slowing from a 0.6% increase in the preceding period. Meanwhile, the HICP-based annual inflation rate moderated to 6.3% from 8.2% in July.

The annual inflation rate in Romania eased to 8.2% in July 2026 from 10.4% in June, remaining above market expectations of 7.9% but marking the lowest reading since July 2025. Inflation for non-food goods posted the sharpest slowdown, easing to 7.9% from 12.3% in June, largely due to a steep moderation in electricity price growth (2.9% vs 35.2%). Food inflation also slowed (5.0% vs 5.8%), reflecting softer price growth for vegetables, fruits, meat and meat products, milk and dairy products, and sugar. Meanwhile, service inflation was unchanged at 13.7%. On a monthly basis, consumer prices rose 0.58% in July, accelerating from 0.06% in June. Meanwhile, the HICP-based annual inflation rate eased to 8.2% from 9.2% in the previous month.