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.
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
Bucharest Tribunal rejected on Wednesday, December 17, an appeal filed by former presidential candidate Călin Georgescu against a lower court decision to keep him under judicial control in a case in which he is accused of promoting legionary ideology. The ruling is final,
European chief prosecutor Laura Codruța Kovesi, the former head of Romania's National Anticorruption Directorate (DNA), said she was “shocked” by the revelations made by magistrates in the Recorder documentary ‘Captured Justice,' released on December 9. The media investigation, which fueled major street protests in Romania, details how...
Romania is among 19 European Union member states asking the European Commission to allocate funding for the creation of migrant return centres to be located outside the EU, amid a broader tightening of the bloc’s migration policy, Agerpres reported. The request follows decisions taken by...
The minister of economy, Radu Miruţă, announced that the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP) fined him, as a natural person, for "wanting a clean and fair management at a state-owned company" - Avioane Craiova. The fine is apparently linked to comments made by minister Miruţă about the management teams appointed […]
