🇷🇴Romania inflation rate
released 19 Aug 2026 · data through July 2026 · next release expected 31 Aug 2026
Romania sits outside the euro area, with its own currency and central bank. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 8.2% as of July 2026. That is 5.7 percentage points above the NBR's 2.5% target, and 5.2 points above the eurozone average of 3.0%.
The breakdown shows core (excluding energy and food) at 9.2%, energy at 12.4%, food at 5.3% and services at 12.0%. The strongest pressure is in energy (12.4%), while food is the softest (5.3%).
Month on month the headline eased from 9.2% to 8.2%, a step down from the month before.
Romania has the highest annual inflation rate of the 30 European economies tracked, just ahead of Iceland.
Romania's harmonised inflation is 8.2% as of July 2026 — abovethe European Central Bank's 2% target by 6.2 percentage points.
Compare with the rest of Europe on the European inflation ranking →
Frequently asked questions
- What is Romania's current inflation rate?
- Romania's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 8.2% as of July 2026.
- Is Romania's inflation above or below the NBR's 2.5% target?
- At 8.2%, it is 5.7 percentage points above the National Bank of Romania's 2.5% target.
- How does Romania's inflation compare with the rest of Europe?
- Romania ranks number 1 of 30 European economies by inflation, 5.2 points above the eurozone average of 3.0%.
- Did Romania's inflation rise or fall last month?
- Month on month, the headline rate eased from 9.2% to 8.2% in July 2026.