Inflation Romania 2002

Average inflation: 22.8%

Current Inflation

Inflation is very high at 22.8%, far above the ECB target.

Peak and Trough

The highest inflation was in January at 28.6%. The lowest inflation was in December at 17.8%.

Highest month
January: 28.6%
Lowest month
December: 17.8%
Difference
10.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Core inflation with an average of 19.2%. The lowest price increase was in Food with an average of 18.7%.

Highest increase
Core inflation: 19.2%
Lowest increase
Food: 18.7%

Historical Context

Current inflation is 6.0% lower than the 5-year average of 28.8%. This approaches the lowest level since records began (22.8% in 2002).

5-year average
28.8%
10-year average
28.8%
All-time high (2001)
34.8%
All-time low (2002)
22.8%

Trend

Inflation shows a downward trend. Compared to 2001, inflation has fallen by +12.0 percentage point.

Change vs. previous year
-12.0 percentage points
Largest monthly swing
March: -15.2 percentage points

ECB Target

Inflation is 20.8% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €122.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Inflation by category

Food
18.7%
-4.1vs avg.
More details →
Core inflation
19.2%
-3.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2001
January 28.6% -11.3
February 27.2% -12.8
March 25.1% -15.2
April 24.4% -13.0
May 24.5% -12.8
June 24.0% -11.7
July 23.0% -8.9
August 21.3% -11.0
September 19.7% -11.6
October 18.8% -12.0
November 18.6% -12.1
December 17.8% -12.5
Average 22.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also