Romania’s annual inflation rate increased to 15.52% in February 2023 from 15.07% in the previous month and topping market forecasts of 15.3%. Main upward pressure came from non-food products (12.73% vs 11.88% in January) and services (10.38% vs 10.27%). Meanwhile, costs slightly eased for food products (22.35% vs 22.47%). On a monthly basis, consumer prices went up by 0.98%, after a 0.34% rise in January. source: Institutul National de Statistica

Inflation Rate in Romania averaged 39.33 percent from 1991 until 2023, 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 March of 2023.

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 2.80 percent in 2024 and 2.00 percent in 2025, according to our econometric models.

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Romania Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-02-14 07:00 AM Jan 15.07% 16.37% 15.8% 15.6%
2023-03-13 07:00 AM Feb 15.52% 15.07% 15.3% 14.7%
2023-04-13 06:00 AM Mar 15.52% 14.0%


Related Last Previous Unit Reference
Inflation Rate 15.52 15.07 percent Feb 2023
Consumer Price Index CPI 100.98 100.34 points Feb 2023
Producer Prices 202.03 199.10 points Jan 2023
Producer Prices Change 24.02 32.76 percent Jan 2023
Inflation Rate MoM 0.98 0.34 percent Feb 2023
Food Inflation 22.35 22.47 percent Feb 2023
CPI Transportation 100.04 100.18 points Feb 2023

Romania Inflation Rate
In Romania, the main components of the Consumer Price Index are: Non-food Products (49% of the total weight), Food Products (33%), and Services (18%).
Actual Previous Highest Lowest Dates Unit Frequency
15.52 15.07 316.90 -3.50 1991 - 2023 percent Monthly
1990=100

News Stream
Romania Inflation Rate Rises 15.52% in February
Romania’s annual inflation rate increased to 15.52% in February 2023 from 15.07% in the previous month and topping market forecasts of 15.3%. Main upward pressure came from non-food products (12.73% vs 11.88% in January) and services (10.38% vs 10.27%). Meanwhile, costs slightly eased for food products (22.35% vs 22.47%). On a monthly basis, consumer prices went up by 0.98%, after a 0.34% rise in January.
2023-03-13
Romania Inflation Rate at 6-Month Low
Romania’s annual inflation rate fell to 15.07% in January 2023 from 16.37% in the previous month, below market expectations of 15.8%. This was the lowest print since last July, mainly due to a slowdown in cost of non-food products (11.88% vs 14.95% in December). Meantime, prices accelerated for both food products (22.47% vs 22.05%) and services (10.27% vs 9.78%). On a monthly basis, consumer prices increased by 0.34%, the least since November 2021, after a 0.37% gain in December.
2023-02-14
Romanian Inflation Rate Eases in December
Romania’s annual inflation rate eased to 16.37% in December 2022, from 16.76% in the previous month and slightly below market expectations of 16.6%. Prices for non-food products slowed (14.95% vs 16.17% in November), while costs accelerated for food products (22.05% vs 21.55%) and services (9.78% vs 9.51%). On a monthly basis, consumer prices advanced 0.37%, easing from a 1.25% rise in November.
2023-01-13