Producer prices in Romania dropped by 2 percent from a year earlier in May 2020, after a marginally revised 1.67 percent fall in the prior month. This was the second straight of decline in producer prices. On a monthly basis, producer prices went down 0.28 percent.
Producer Prices Change in Romania averaged 3.89 percent from 2006 until 2020, 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. This page provides the latest reported value for - Romania Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Romania Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Producer Prices Change in Romania is expected to be -1.00 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 2.50 in 12 months time. In the long-term, the Romania Producer Prices Change is projected to trend around 3.80 percent in 2021 and 3.50 percent in 2022, according to our econometric models.