The annual inflation rate rose to 5.45% in May 2025, from 4.9% in April, as services rose by 7.09%, foodstuffs by 6.53% and non-food items by 4%, according to data published on Thursday by the National Institute of Statistics (INS)."The consumer price index was 100.46% in May 2025 against April 2025. The inflation rate since the beginning of the year (May 2025 compared to December 2024) was 2.6%. The annual inflation rate was 5.5% in May 2025 compared to May 2024. The average rate of change in consumer prices was 5.0% in the last 12 months (June 2024 - May 2025) compared to the previous 12 months (June 2023 - May 2024)," the INS press release states.According to the INS, the harmonized consumer price index was 100.49% in May 2025 compared to April 2025. The annual inflation rate was 5.4% in May 2025 compared to May 2024 calculated on the basis of the Harmonized Index of Consumer Prices (HICP). The average rate of change in consumer prices in the last 12 months (June 2024 - May 2025) compared to the previous 12 months (June 2023 - May 2024) determined on the basis of the HICP was 5.2%.The National Bank of Romania (BNR) has revised upwards, to 4.6%, from 3.8% previously, the inflation forecast for the end of 2025 and anticipates that it will reach 3.4% at the end of 2026, compared to 3.1% in the previous forecast, according to data The 2025 edition of the Transilvania International Film Festival (TIFF) kicks off in Cluj-Napoca on Fridaypresented in May by the governor of the BNR, Mugur Isarescu.He mentioned that the BNR will work with the new Government to find the optimal solutions that can bring inflation down, based on a sustainable and gradual reduction of the public deficit, but without having an economic recession.The National Bank of Romania also anticipates that the annual inflation rate will stand at 5.1% at the end of the second quarter of 2025, and will decrease to 3.3% at the end of the first quarter of 2027, according to the Quarterly Inflation Report, May 2025 edition.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
