Romania's annual inflation rate inched down to 2.1 percent in November 2020, the least since September 2017, from 2.2 percent in the previous month, and below market estimates of a 2.2 percent growth. Inflation food slowed to a 22-month low of 3.8 percent in November from 4.3 percent in October, while services inflation eased to 2.8 percent in November from 2.9 percent in the prior month. Meantime, prices of non-food products continued to increase (0.8 percent vs 0.6 percent).On a monthly basis, consumer prices edged up 0.1 percent in November, after a 0.2 percent rise in October. source: Institutul National de Statistica
Inflation Rate in Romania averaged 41.63 percent from 1991 until 2020, 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 December of 2020.
Inflation Rate in Romania is expected to be 2.50 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 2.80 in 12 months time. In the long-term, the Romania Inflation Rate is projected to trend around 3.10 percent in 2021 and 2.80 percent in 2022, according to our econometric models.