Inflation Romania 2003
Average inflation: 15.3%
Current Inflation
Inflation is very high at 15.3%, far above the ECB target.
Peak and Trough
The highest inflation was in March at 17.1%. The lowest inflation was in June at 14.0%.
- Highest month
- March: 17.1%
- Lowest month
- June: 14.0%
- Difference
- 3.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 15.0%. The lowest price increase was in Food with an average of 14.9%.
- Highest increase
- Core inflation: 15.0%
- Lowest increase
- Food: 14.9%
Historical Context
Current inflation is 9.0% lower than the 5-year average of 24.3%. This approaches the lowest level since records began (15.3% in 2003).
- 5-year average
- 24.3%
- 10-year average
- 24.3%
- All-time high (2001)
- 34.8%
- All-time low (2003)
- 15.3%
Trend
Inflation shows a downward trend. Compared to 2002, inflation has fallen by +7.5 percentage point.
- Change vs. previous year
- -7.5 percentage points
- Largest monthly swing
- January: -12.0 percentage points
ECB Target
Inflation is 13.3% 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 €115.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 16.6% | -12.0 |
| February | 16.3% | -10.9 |
| March | 17.1% | -8.0 |
| April | 16.0% | -8.4 |
| May | 14.4% | -10.1 |
| June | 14.0% | -10.0 |
| July | 14.8% | -8.2 |
| August | 14.2% | -7.1 |
| September | 15.9% | -3.8 |
| October | 15.8% | -3.0 |
| November | 14.5% | -4.1 |
| December | 14.1% | -3.7 |
| Average | 15.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.