The National Bank of Romania (BNR) has revised upwards, to 3.8%, from 3.5% previously, the inflation forecast for the end of 2025 and anticipates that it will reach 3.1% at the end of 2026, according to data presented on Monday by the Governor of the BNR, Mugur Isarescu."According to the baseline scenario of the macroeconomic projection, the annual inflation rate will continue to fluctuate in the first part of the current year. The indicator will subsequently decrease and return to the target range in the first quarter of 2026, remaining relatively stable in its upper half throughout next year. Structurally, the CPI trajectory is configured by the continuous reduction of core inflation, but in a gradual manner, while the set of exogenous components of the basket will print the volatile profile in the first part of the range, mainly as a result of base effects. Under these conditions, the annual CPI inflation rate will reach 3.8% in December 2025, with a value of 3.1% anticipated for December 2026. Compared to the trajectory published in the November 2024 Inflation Report, CPI inflation is at higher values up to end of the current year (more visible in the first quarters of the year), respectively lower in 2026", reads the Inflation Report of February 2025.According to the cited source, the revision for December 2025 is +0.3 percentage points, determined mainly by price increases at the beginning of the year (tobacco products, services with administered prices), but also by a more pronounced persistent dynamics of core inflation, partially counterbalanced by slightly more optimistic prospects on the LFO segment.The continuously downward trajectory will be supported by the gradual correction of inflation expectations, by the reduction of pressures from the prices of imported goods, as well as by the expectation of the emergence of a demand deficit in the economy as early as the beginning of this year, in the context of the recent fiscal consolidation measures adopted by the authorities.The presentation also shows that the upward revision of the forecast until the end of this year reflects the intensification of recent pressures on the food segment, as well as the maintenance of still large inflationary pressures coming from labor costs.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
