The annual inflation rate dropped, in May 2024, to 5.12%, from 5.9% in April, in the conditions in which food products rose in price by 1.24%, non-food products by 6.38% , and services by 9.29%, according to the data published on Wednesday by the National Institute of Statistics (INS)."The consumer price index in May 2024 compared to April 2024 was 99.89%. The inflation rate since the beginning of the year (May 2024 compared to December 2023) was 2.3%. The annual inflation rate in May 2024 compared to May 2023 was 5.1%. The average rate of change in consumer prices in the last 12 months (June 2023 - May 2024) compared to the previous 12 months (June 2022 - May 2023) was 7.6%," it is shown in the INS press release.The harmonized index of consumer prices in May 2024 compared to April 2024 was 100.03%. The annual inflation rate in May 2024 compared to May 2023, calculated on the basis of the harmonized index of consumer prices was 5.8%. The average rate of change in consumer prices in the last 12 months (June 2023 - May 2024) compared to the previous 12 months (June 2022 - May 2023) determined on the basis of the IAPC was 7.6%.The National Bank of Romania (BNR) revised the inflation forecast for the end of this year to 4.9%, from 4.7% previously, and anticipated that it will reach 3.5% at the end of 2025, according to the data presented last month by the governor of the BNR, Mugur Isarescu.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
