Inflation Romania 2024
Average inflation: 5.7%
Current Inflation
Inflation is very high at 5.7%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 7.4%. The lowest inflation was in September at 4.6%.
- Highest month
- January: 7.4%
- Lowest month
- September: 4.6%
- Difference
- 2.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Core inflation with an average of 7.0%. The lowest price increase was in Food with an average of 3.6%.
- Highest increase
- Core inflation: 7.0%
- Lowest increase
- Food: 3.6%
Historical Context
Current inflation is 1.8% lower than the 5-year average of 7.5%.
- 5-year average
- 7.5%
- 10-year average
- 4.5%
- All-time high (2022)
- 13.8%
- All-time low (2016)
- -1.5%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +4.8 percentage point.
- Change vs. previous year
- -4.8 percentage points
- Largest monthly swing
- February: -8.3 percentage points
ECB Target
Inflation is 3.7% 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 €105.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 7.4% | -7.7 |
| February | 7.2% | -8.3 |
| March | 6.6% | -7.9 |
| April | 7.4% | -3.8 |
| May | 5.1% | -5.5 |
| June | 4.9% | -5.3 |
| July | 5.5% | -3.9 |
| August | 5.1% | -4.3 |
| September | 4.6% | -4.2 |
| October | 4.7% | -3.4 |
| November | 5.1% | -1.6 |
| December | 5.1% | -1.5 |
| Average | 5.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.