Inflation Romania 2022
Average inflation: 13.8%
Current Inflation
Inflation is very high at 13.8%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 16.8%. The lowest inflation was in January at 8.4%.
- Highest month
- November: 16.8%
- Lowest month
- January: 8.4%
- Difference
- 8.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.6%. The lowest price increase was in Core inflation with an average of 8.8%.
- Highest increase
- Food: 15.6%
- Lowest increase
- Core inflation: 8.8%
Historical Context
Current inflation is 7.8% higher than the 5-year average of 6.0%. This approaches the highest level since records began (15.3% in 2003).
- 5-year average
- 6%
- 10-year average
- 3.4%
- All-time high (2003)
- 15.3%
- All-time low (2016)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +8.8 percentage point.
- Change vs. previous year
- +8.8 percentage points
- Largest monthly swing
- June: +11.2 percentage points
ECB Target
Inflation is 11.8% 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 €113.80 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 8.4% | +5.4 |
| February | 8.5% | +5.3 |
| March | 10.1% | +7.1 |
| April | 13.8% | +10.6 |
| May | 14.5% | +10.7 |
| June | 15.1% | +11.2 |
| July | 15.0% | +10.1 |
| August | 15.3% | +10.0 |
| September | 15.9% | +9.6 |
| October | 15.3% | +7.4 |
| November | 16.8% | +9.0 |
| December | 16.4% | +8.2 |
| Average | 13.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.