Producer prices in Romania increased by 4.46 percent from a year earlier in December 2018, easing from a 4.87 percent rise in the prior month. It was the lowest producer inflation rate since April, as prices advanced at a softer pace for: energy (11.08 percent vs 11.72 percent in November); intermediate (4.64 percent vs 5.74 percent), and durable consumer goods (1.76 percent vs 2.33 percent). Meanwhile, prices rose faster for both capital goods (0.63 percent vs 0.29 percent) and non-durable consumer goods (2.14 percent vs 2.13 percent). On a monthly basis, producer prices fell 0.23 percent. Producer Prices Change in Romania averaged 3.98 percent from 2006 until 2018, reaching an all time high of 16.70 percent in July of 2008 and a record low of -3.40 percent in February of 2016.
Producer Prices Change in Romania is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Romania to stand at 3.60 in 12 months time. In the long-term, the Romania Producer Prices Change is projected to trend around 3.60 percent in 2020, according to our econometric models.