The annual inflation rate dropped to 4.86% in March 2025, from 5.02% in February, as food prices rose by 5.10%, non-food prices by 3.84%, and services by 6.99%, according to data published on Friday by the National Institute of Statistics (INS)."The consumer price index stood at 100.27% in March 2025 compared to February 2025. The inflation rate since the beginning of the year (March 2025 compared to December 2024) was 2.1%. The annual inflation rate in March 2025 compared to March 2024 was 4.9%. The average rate of change in consumer prices in the last 12 months (April 2024 - March 2025) compared to the previous 12 months (April 2023 - March 2024) was 5.1%," the press release says.According to the INS, the harmonized consumer price index in March 2025 compared to February 2025 was 100.34%. The annual inflation rate in March 2025 compared to March 2024 calculated based on the Harmonized Index of Consumer Prices (HICP) was 5.1%. The average rate of change in consumer prices in the last 12 months (April 2024 - March 2025) compared to the previous 12 months (April 2023 - March 2024) determined on the basis of the HICP was 5.4%.The National Bank of Romania (BNR) has revised upwards, to 3.8%, from 3.5% previously, the inflation forecast for the end of 2025 and anticipates that it will reach 3.1% at the end of 2026, according to data presented in February by the BNR (National Bank of Romania) governor, Mugur Isarescu.According to the same source, the revision for December 2025 is +0.3 percentage points, determined mainly by price increases at the beginning of the year (tobacco products, services with administered prices), but also by a more pronounced persistent dynamics of core inflation, partially counterbalanced by slightly more optimistic prospects in the LFO segment.
Electroputere VFU Pașcani, part of the group of private railway companies Grampet, presented on June 19 the diesel multiple unit (DMU) named Leon. The train, designed and made by Electroputere VFU Paşcani, is the first DMU entirely made in Romania in the last 80 years, the company explained. The three-car DMU has 145 seats, including […]
Forvis Mazars, the international audit, tax and advisory services partnership, announced the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania on Thursday, June 19. According to the company, the Desk combines a highly qualified German team of lawyers with […]
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange, announced on Thursday, June 19, that the Romanian Financial Supervisory Authority has approved the base prospectus for a corporate bond program of up to EUR 30 million. The program allows Simtel to issue bonds in multiple tranches […]
Romania's efforts to stabilize its fiscal position and finalize a new ruling coalition have been delayed after president Nicușor Dan rejected a proposed VAT rate increase central to a budgetary corrective package agreed by the four pro-Western parties,
A sword that may date back to the Bronze Age, roughly 3,500 years ago, was found following searches carried out in a case of aggravated theft, in the commune of Corbasca, Bacău County. The searches targeted the home of a 61-year-old man suspected of illegally possessing a cultural asset likely to be part of the […]
The construction works volume in Romania decreased by 0.5% y/y in gross terms and by 2.8% in workday and seasonal adjusted terms in April, after it boasted a robust 10.6% y/y advance in Q1 (largely on low base effects), according to data published by the statistics office. By type of construction, engineering works—representing approximately 45% […]
