Consumer price inflation in Romania increased in February after declining for two consecutive months

March 15, 2023

The Consumer Price Index (CPI) – indicator for determining inflation at national level

▪ The consumer price index In February 2023 compared to January 2023 is 100.98%.
▪ The inflation rate since the beginning of the year (February 2023 compared to December 2022) is 1.3%.
▪ The annual inflation rate in February 2023 compared to February 2022 is 15.5%.
▪ The average rate of change in consumer prices over the last 12 months (March 2022-February 2023) as compared to the previous 12 months (March 2021-February 2022) is 14.9%.

The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation across the EU

▪ The Harmonised Index of Consumer Prices in February 2023 compared to January 2023 is 100.98%.
▪ The HICP-based annual inflation rate in February 2023 compared to February 2022 is 13.4%.
▪ The HICP-based average rate of change in consumer prices over the last 12 months (March 2022-February 2023) as compared to the previous 12 months (March 2021-February 2022) is 13.0%.

Source: National Institute of Statistics of Romania
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