1. The Consumer Price Index (CPI) – indicator for determining inflation at national level ? Consumer prices were up 0.6% in February 2022 from January 2022. ? The inflation rate since the beginning of the year (February 2022 compared to December 2021) is 2.1%. ? The annual inflation rate in February 2022 compared to February 2021 is 8.5%. ? The average consumer price rate over the last 12 months (March 2021-February 2022) as compared to the previous 12 months (March 2020-February 2021) is 6.0%. 2. The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation at the level of EU Member States ? The Harmonised Index of Consumer Prices in February 2022 compared to January 2022 is 101.04%. ? The HICP-based annual inflation rate in February 2022 compared to February 2021 is 7.9%. ? The HICP-based average consumer price rate over the last 12 months (March 2021-February 2022) as compared to the previous 12 months (March 2020-February 2021) is 5.0%. Romania's annual inflation rose to 8.53% in February 2022, from 8.35% in January, as prices for non-food goods rose by 9.33%, for foods by 8.84%, and for services by 6.08%, according to data published on Monday by the National Institute of Statistics (INS)."Consumer prices in February 2022 compared with January 2022 increased by 0.6%. Inflation at the beginning of the year (February 2022 compared to December 2021) is 2.1%. The annual inflation rate in February 2022 as against 2021 is 8.5%. The average increase rate in consumer prices in the last 12 months (March 2021 - February 2022) as against the previous 12 months (March 2020 - February 2021) is 6.0%," according to INS.The Harmonised Index of Consumer Prices (HCIP) in February 2022 is 101.04% over January 2022. The February 2022 annual inflation against HICP is 7.9%. The average rate of consumer prices in the last 12 months (March 2021 - February 2022) compared with the previous 12 months (March 2020 - February 2021) against HICP is 5.0%.The National Bank of Romania (BNR) is expecting inflation to surge to 11.2% at the end of the Q2 2022, 10.2% at the end of Q3 2022, and 9.6% at the end of Q4 2022, according to its Quarterly Inflation Report published at the end of the last week.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
