After ten months in which Romania had the highest inflation in the EU, in January the first place was occupied by Hungary, with 5.7%, followed by Romania (5.3%) and Croatia (5%), according to data published on Monday by the European Statistical Office (Eurostat). The annual inflation rate in the European Union rose to 2.8% in January, from 2.7% in December, while in the euro area inflation rose to 2.5% in January, from 2.4% in December. Inflation in the euro area is above the European Central Bank’s 2% target. Last month, the lowest annual inflation rates in the EU were recorded in Denmark (1.4%), Ireland, Italy and Finland (all 1.7%). Compared with December 2024, the annual inflation rate fell in eight EU Member States (including Romania, from 5.5% to 5.3%), remained stable in four and increased in 15 EU Member States. Eurostat data also shows that core inflation in the euro area, i.e. what remains after volatile goods prices such as energy and food are removed, remained unchanged at 2.7% in January, a level it has been at since September. Core inflation is the indicator closely monitored by the ECB when making its monetary policy decisions. In Romania, according to data recently published by the National Institute of Statistics (INS), the annual inflation rate fell to 4.95% in January 2025, from 5.14% in December, as food prices rose by 4.54%, non-food prices by 4.60%, and services by 6.54%. “The consumer price index in January 2025 compared to December 2024 was 100.92%. The annual inflation rate in January 2025 compared to January 2024 was 5%. The average rate of change in consumer prices in the last 12 months (February 2024 – January 2025) compared to the previous 12 months (February 2023 – January 2024) was 5.4%,” the INS press release states. 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 February 17 by the Governor of the BNR, Mugur Isarescu.
Romanian star Simona Halep will bid farewell to professional tennis in front of her home crowd on June 13, 2026, during the Sports Festival in Cluj-Napoca. Organizers have confirmed the date of her official retirement match, which will take place at BTarena and serve as the highlight of the festival’s seventh edition,
In the commercial year stretching between July 2024 - June 2025, Romania registered the largest wheat, barley, and corn exports in the European Union, according to European statistical data. The quantity of common Romanian wheat sold from July 1, 2024, to June 29, 2025, stood at 5.4 million tons, valued at EUR 1.2 billion, at […]
After its successful 2024 debut, Rooftop Season is back this summer with a new lineup of open-air concerts on the rooftop of the National Theatre in Bucharest. This year's edition, organized by Overground Music in partnership with the National Theatre, kicks off on July 7 and will feature weekly performances by some of Romania’s most […]
AS Piletilevi PLG (PLG), the largest ticketing operator in Central and Eastern Europe, has finalized the full acquisition of its Romanian operations, taking 100% ownership of Bilete.ro, Entertix.ro, and Myticket.ro. The group had previously acquired a majority stake in Bilete.ro, Romania’s oldest ticketing company, in mid-2023, followed by the purchase of Ticketing Nation S.R.L. - […]
Mobexpert, one of Romania’s leading furniture and home décor retailers, has opened a new hyperstore in Bucharest, located on Theodor Pallady Boulevard. Construction of the new commercial center began in 2024, and the showroom officially opened to the public on Thursday, July 3. Spanning over 10,000 square meters, Mobexpert Pallady features a wide range of […]
Vlad Gheorghe, formerly a member of the reformist opposition party Save Romania Union (USR) and now leader of extra-parliamentary opposition party DREPT, announced on Thursday, July 3, that he has filed a criminal complaint against former prime minister Marcel Ciolacu "for lying about the state of the economy and budget deficit." The complaint comes as the […]
