🇷🇴Romania inflation rate
Last updated 1 Jul 2026 · data through May 2026 · next release expected 17 Jul 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 9.7% as of May 2026. That is 7.2 percentage points above the NBR's 2.5% target, and 6.9 points above the eurozone average of 2.8%.
The breakdown shows core (excluding energy and food) at 9.2%, energy at 23.3%, food at 6.9% and services at 11.8%. The strongest pressure is in energy (23.3%), while food is the softest (6.9%).
Month on month the headline rose from 9.5% to 9.7%, extending the climb.
Romania has the highest annual inflation rate of the 30 European economies tracked, just ahead of Lithuania.
Romania's harmonised inflation is 9.7% as of May 2026 — abovethe European Central Bank's 2% target by 7.7 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 9.7% as of May 2026.
- Is Romania's inflation above or below the NBR's 2.5% target?
- At 9.7%, it is 7.2 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, 6.9 points above the eurozone average of 2.8%.
- Did Romania's inflation rise or fall last month?
- Month on month, the headline rate rose from 9.5% to 9.7% in May 2026.