Inflation rate (consumer prices) · Romania

Romania Inflation Rate YoY

The Romania Inflation Rate YoY measures how much the prices that households in Romania pay for a typical basket of goods and services have risen over the past year.

Importance
Medium
Publié
Monthly
Prochaine publication
Devise
RON · Romanian leu
Banque centrale
The National Bank of Romania
Influence
MICRON

Derniers chiffres

La dernière publication, pour SEP, est parue le 2026-10-13 et s’est établie à 6.6%. C’est au-dessus du consensus de 6.45%. C’est plus que 6.2% la fois précédente.

A higher figure than expected makes the National Bank of Romania more likely to keep rates high or raise them: it tends to support the Romanian leu and push bond yields up, and is often a weight on stocks.

Sur les 12 dernières publications, la valeur est allée de 6.2% à 10.9%, avec une moyenne de 9.3%.

Nov 2025: 9.8%Dec 2025: 9.8%Jan 2026: 9.7%Feb 2026: 9.6%Mar 2026: 9.3%Apr 2026: 9.9%May 2026: 10.7%Jun 2026: 10.9%Jul 2026: 10.4%Aug 2026: 8.2%Sep 2026: 6.2%Oct 2026: 6.6% Nov 2025Oct 2026
Résultats réels ; le petit trait sur une barre indique le consensus.
PubliéPourRéelConsensusPrécédent
13 Oct 2026SEP6.6%6.45%6.2%
11 Sep 2026AUG6.2%6.3%8.2%
12 Aug 2026JUL8.2%7.9%10.4%
13 Jul 2026JUN10.4%10.6%10.9%
12 Jun 2026MAY10.9%10.8%10.7%
13 May 2026APR10.7%10.7%9.9%
14 Apr 2026MAR9.9%10.4%9.3%
13 Mar 2026FEB9.3%9.4%9.6%
16 Feb 2026JAN9.6%–9.7%
14 Jan 2026DEC9.7%–9.8%
12 Dec 2025NOV9.8%9.7%9.8%
12 Nov 2025OCT9.8%9.8%9.9%

Voir dans le calendrier économique →

Pourquoi c’est important

Inflation is what the National Bank of Romania is charged with controlling, so this is one of the most market-moving releases of the month. A figure above expectations makes rate hikes (or a longer wait for cuts) more likely, which usually lifts the Romanian leu and bond yields; a soft figure does the reverse. It also drives wages, pensions and benefits that are linked to prices.

Mode de calcul

the National Institute of Statistics collects many thousands of prices every month (food, rent, energy, transport, clothing, services) and weights them by how much households spend on each, from household surveys. The index compares the cost of the basket with a base year; the inflation rate is the change from the same month a year earlier.

CPI = Σ (price now ÷ base price) × weight × 100
Inflation (yoy) = CPI ÷ CPI 12 months ago − 1

Ce que signifient les variations

  • Above the central bank's target (usually 2%) and rising: pressure for higher rates.
  • Look at the core rate and services prices to see if the move is broad or driven by energy and food.
  • Base effects: a big jump a year ago drops out of the yearly rate and can make it fall even if prices keep rising.
  • Markets react to the difference from the consensus, often to a single decimal.

Supérieur aux attentes : A higher figure than expected makes the National Bank of Romania more likely to keep rates high or raise them: it tends to support the Romanian leu and push bond yields up, and is often a weight on stocks.

Inférieur aux attentes : A lower figure than expected gives the National Bank of Romania room to cut or hold rates lower: the Romanian leu tends to soften and bond yields to fall.

Un bref historique

The United States began publishing a national consumer price index in 1919, the United Kingdom's index goes back to 1914. Inflation targeting, started by New Zealand in 1990, made this release the centre of monetary policy almost everywhere.

Questions

What is the Romania Inflation Rate YoY?

The Romania Inflation Rate YoY measures how much the prices that households in Romania pay for a typical basket of goods and services have risen over the past year.

What was the latest Romania Inflation Rate YoY?

6.6% for SEP, published on 13 October 2026 (consensus 6.45%, previous 6.2%).

When is the next Romania Inflation Rate YoY?

On Thursday 12 November 2026 at 07:00 UTC.

What is a good inflation rate?

Most central banks, including the National Bank of Romania in many cases, aim for about 2% a year: low enough not to erode savings, high enough to avoid deflation.

Why does the Romania Inflation Rate YoY move the Romanian leu?

Because it changes what traders expect the National Bank of Romania to do with the monetary policy rate, and interest rates decide what holding the currency pays.

Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.