Romania's annual inflation rate inched up to 3.24 percent in April of 2021 from 3.05 percent a month earlier and slightly above market estimates of 3.2 percent. It was the highest inflation rate since January 2020, due to a faster rise in prices of both services (2.6 percent vs 2.2 percent in March) and non-food products (5.2 percent vs 4.4 percent). Meanwhile, food prices continued to increase (0.8 percent vs 1.6 percent). On a monthly basis, consumer prices rose 0.5 percent in April, accelerating from a 0.4 percent in a month earlier. source: Institutul National de Statistica
Inflation Rate in Romania averaged 41.08 percent from 1991 until 2021, 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 May of 2021.
Inflation Rate in Romania is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Romania to stand at 2.40 in 12 months time. In the long-term, the Romania Inflation Rate is projected to trend around 2.80 percent in 2022, according to our econometric models.