Inflation Romania 2008

Average inflation: 7.9%

Current Inflation

Inflation is very high at 7.9%, far above the ECB target.

Peak and Trough

The highest inflation was in July at 9.1%. The lowest inflation was in December at 6.3%.

Highest month
July: 9.1%
Lowest month
December: 6.3%
Difference
2.8 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 9.3%. The lowest price increase was in Core inflation with an average of 7.6%.

Highest increase
Food: 9.3%
Lowest increase
Core inflation: 7.6%

Historical Context

Current inflation is around the 5-year average of 8.0%.

5-year average
8%
10-year average
14.1%
All-time high (2001)
34.8%
All-time low (2007)
4.8%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +3.1 percentage point.

Change vs. previous year
+3.1 percentage points
Largest monthly swing
July: +5.1 percentage points

ECB Target

Inflation is 5.9% 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 €107.90 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Inflation by category

Food
9.3%
+1.4vs avg.
More details →
Core inflation
7.6%
-0.3vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2007
January 7.3% +3.3
February 8.0% +4.2
March 8.6% +4.9
April 8.6% +4.8
May 8.4% +4.6
June 8.6% +4.8
July 9.1% +5.1
August 8.0% +3.0
September 7.3% +1.3
October 7.4% +0.6
November 6.7% 0.0
December 6.3% -0.3
Average 7.9%

Data source

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

See also