Annual inflation in Romania rose to 6.3% in September 2021, from 5.3% in August, as prices for non-food goods rose by 8.71%, by 4.26% for food, and by 3.75% for services, according to data published on Tuesday by the National Institute of Statistics (INS).According to INS, consumer prices in September 2021 increased by 0.8% on a monthly basis. Inflation at the beginning of the year (September 2021 versus December 2020) is 5.6%, while the September 2021 annual inflation rate reached 6.3%.Average consumer prices in the last 12 months (October 2020 - September 2021) as against the previous 12 months (October 2019 - September 2020) were up 3.6%.Also, the harmonised index of consumer prices in September 2021 versus August 2021 is 100.83%.According to the INS, the September 2021 annual inflation rate calculated against the Harmonised Index of Consumer Prices (HICP) is 5.2%. The average rate of consumer prices in the last 12 months (October 2020 - September 2021) as against the previous 12 months (October 2019 - September 2020) on the basis of the HICP is 2.9%.The National Bank of Romania (BNR) has upwardly adjusted its inflation forecast to 5.6% by the end of 2021, according to a presentation made in August by BNR Governor Mugur Isarescu.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
