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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
