The annual producer inflation in Romania eased to 24.02 percent in January 2023, from 32.76 percent in the previous month. It was the lowest producer inflation since September 2021, as prices dropped faster for mining and quarrying (-17.22 percent vs 26.13 percent in December 2022). Also, costs grew at a softer pace for electricity, gas, steam & air-conditioning supply (55.97 percent vs 84.03 percent) and manufacturing (14.21 percent vs 16.25 percent). Meanwhile, costs for water supply, sewerage, waste management & remediation activities accelerated (24.6 percent vs 20.95 percent). On a monthly basis, producer prices advanced 1.44 percent, accelerating from a 0.24 percent gain a month earlier. source: Institutul National de Statistica
Producer Prices Change in Romania averaged 6.89 percent from 2006 until 2023, reaching an all time high of 52.97 percent in August of 2022 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 March of 2023.
Producer Prices Change in Romania is expected to be 19.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Romania Producer Prices Change is projected to trend around 2.60 percent in 2024 and 1.80 percent in 2025, according to our econometric models.