Average inflation measured by CPI reached 2.69 % in 2019 in Romania, according to the National Statistical Office. This is 42.3 % less than in the previous year.
Historically, average inflation measured by CPI in Romania reached an all time high of 128 % in 1990 and an all time low of -0.320 % in 1984. When compared to Romania's main peers, average inflation measured by CPI in Bulgaria amounted to 2.30 %, 3.26 % in Hungary, 4.86 % in Moldova and 7.33 % in Ukraine in 2019.
Romania has been ranked 97th within the group of 174 countries we follow in terms of average inflation measured by CPI, 44 places behind the position seen 10 years ago.
Inflation as measured by the consumer price index (CPI) reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.