🇷🇴Romania inflation rate
released 16 Oct 2026 · data through September 2026 · next release expected 31 Oct 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 6.5% as of September 2026. That is 4.0 percentage points above the NBR's 2.5% target, and 2.7 points above the eurozone average of 3.8%.
The breakdown shows core (excluding energy and food) at 7.0%, energy at 14.4%, food at 3.0% and services at 9.3%. The strongest pressure is in energy (14.4%), while food is the softest (3.0%).
Month on month the headline rose from 6.3% to 6.5%, extending the climb.
Romania has the highest annual inflation rate of the 30 European economies tracked, just ahead of Lithuania.
Harmonised inflation (HICP) is 6.5% as of September 2026 — that is 4.0 percentage points above the NBR's 2.5% target.
Inflation by year
Inflation in Romania averaged 6.8% in 2025, higher than in 2024 (5.8%).
| Year | Annual average | December, year on year |
|---|---|---|
| 2026 so far | – | 6.5% (September) |
| 2025 | 6.8% | 8.6% |
| 2024 | 5.8% | 5.5% |
| 2023 | 9.7% | 7.0% |
| 2022 | 12.0% | 14.1% |
| 2021 | 4.1% | 6.7% |
| 2020 | 2.3% | 1.8% |
| 2019 | 3.9% | 4.1% |
| 2018 | 4.1% | 3.0% |
| 2017 | 1.1% | 2.6% |
| 2016 | −1.1% | −0.1% |
Annual average: the average HICP index of the year compared with the previous year's average, as Eurostat publishes it (prc_hicp_ainr) — not an average of the monthly rates. December: the year-on-year rate of that month (prc_hicp_minr). The current year shows the latest monthly year-on-year rate.
Compare with the rest of Europe on the European inflation ranking →
Work out what money from the past is worth today: Inflation Calculator Romania →
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 6.5% as of September 2026.
- Is Romania's inflation above or below the NBR's 2.5% target?
- At 6.5%, it is 4.0 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, 2.7 points above the eurozone average of 3.8%.
- Did Romania's inflation rise or fall last month?
- Month on month, the headline rate rose from 6.3% to 6.5% in September 2026.
- What was inflation in Romania in 2025?
- Inflation in Romania averaged 6.8% in 2025, higher than in 2024 (5.8%). In December 2025, the year-on-year rate was 8.6%.
- What was inflation in Romania over the last 10 years?
- Between 2016 and 2025, annual average inflation in Romania ranged from −1.1% in 2016 to 12.0% in 2022. The mean of the annual rates over those years was 4.9%.