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.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
