1. The Consumer Price Index (CPI) – indicator for determining inflation at national level - Consumer prices were up 1.9% in March 2022 from February 2022. - The inflation rate since the beginning of the year (March 2022 compared to December 2021) is 4.0%. - The annual inflation rate in March 2022 compared to March 2021 is 10.2%. - The average consumer price rate over the last 12 months (April 2021-March 2022) as compared to the previous 12 months (April 2020-March 2021) is 6.5%. 2. The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation at EU level - The Harmonised Index of Consumer Prices in March 2022 compared to February 2022 is 101.95%. - The HICP-based annual inflation rate in March 2022 compared to March 2021 is 9.6%. - The HICP-based average consumer price rate over the last 12 months (April 2021-March 2022) as compared to the previous 12 months (April 2020-March 2021) is 5.6%. The annual inflation rate in Romania rose to 10.15% in March 2022, from 8.53% in February, as prices for non-food goods rose by 10.86%, for food by 11.20%, and for services by 6.53%, according to data published on Tuesday by the National Institute of Statistics (INS)."Consumer prices in March 2022 as against February 2022 increased by 1.9%. The inflation rate three months into 2022 (March 2022 as against December 2021) is 4%. The annual inflation rate in March 2022 as against March 2021 is 10.2%. The average rate of consumer prices in the last 12 months (April 2021 - March 2022) as against the previous 12 months (April 2020 - March 2021) is 6.5%," according to INS.The harmonised index of consumer prices in March 2022 as against February 2022 is 101.95%. The annual inflation rate in March 2022 compared with March 2021 against the Harmonised Index of Consumer Prices (HICP) is 9.6%. The average rate of consumer prices in the last 12 months (April 2021 - March 2022) compared with the previous 12 months (April 2020 - March 2021) against HICP is 5.6%.The National Bank of Romania (BNR) is expecting inflation to stand at 11.2% at the end of the second quarter of 2022, at 10.2% at the end of the third quarter and at 9.6% at the end of the fourth quarter of 2022, according to the BNR Quarterly Inflation Report.
Dr. Mireille Rădoi, General Director of the “Carol I” Central University Library in Bucharest, took part in the 16th edition of the Alba Transilvana Book Fair, held on June 20–22 in Alba Iulia. Organized by the “Lucian Blaga” Alba County Library, the event gathered hundreds of writers, publishers, educators, researchers, and passionate advocates of written […]
Romania ranks 49th in the 2025 edition of the World Competitiveness Yearbook, a report compiled by the International Institute for Management Development (IMD) and published in Romania by CIT-IRECSON, the Technological Information Center. The global top three are Switzerland, Singapore, and Hong Kong, according to a press release quoted by news agency
Ionuț Mircea Costea, brother-in-law to former presidential candidate and NATO second in command Mircea Geoană, was handed over to Romanian authorities on Tuesday, June 24, after being extradited by Turkey. Costea was the director of Romania's Eximbank and is the brother of Mircea Geoană’s wife. He has a six-year prison sentence for bribery. He "is […]
The UAE sounds like a synonym for global trade ambitions, cutting-edge infrastructure, and an expanding calendar of international industry events. At the same time, it offers a distinctive blend of efficiency and lifestyle. For those looking to combine client hosting with unique local experiences, options such as elite rentals yachts Dubai bring business networking to […]
The Romanian Black Sea town of Eforie Sud will host over 200 cultural events this summer as part of the fifth edition of Eforie Colorat, a contemporary arts festival aimed at reshaping the town’s identity through creativity. Taking place from July 1 to August 24 in the open-air garden of Cinemascop, the event will feature […]
Romania's national under-19 football team was defeated by the Netherlands with a score of 3-1 (2-0) on Monday, June 23, in the semifinals of the Under-19 European Football Championship. The tournament, hosted by Romania, was the first in which the national under-19 team reached the semifinals. Netherlands dominated the match with Romania held on Giulești […]
