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.