Romania’s annual inflation rate inched lower to 3.4 percent in October 2019 from 3.5 percent in the previous month and compared to market estimates of 3.35 percent. This was the lowest inflation rate since January, as prices rose at a softer rate for non-food products (2.6 percent vs 2.8 percent in September) and services (4.1 vs 4.2 percent). Meanwhile, food prices increased faster (4.2 percent vs 4.1 percent).
On a monthly basis, consumer prices went up 0.5 percent in October, following a 0.1 percent gain in September. Inflation Rate in Romania averaged 43.12 percent from 1991 until 2019, 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.
In Romania, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides – Romania Inflation Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Romania Inflation Rate – actual data, historical chart and calendar of releases – was last updated on November of 2019.
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