The annual inflation rate in Romania rose to 5.14% in December 2024 from 5.11% in November, as food prices advanced 5.09%, prices for non-food items 4.38%, and services 7.10%, according to data published on Tuesday by the National Institute of Statistics (INS).The December 2024 consumer price index as against November 2024 was 100.29%. The annual inflation rate in December 2024 as against December 2023 was 5.1%. The average rate of change in consumer prices in the last 12 months (January 2024 - December 2024) compared with the previous 12 months (January 2023 - December 2023) was 5.6%.The harmonised index of consumer prices (HICP) in December 2024 compared to November 2024 was 100.25%. The annual inflation rate in December 2024 compared with December 2023 against HICP was 5.5%. The average rate of change in consumer prices in the last 12 months (January 2024 - December 2024) from the previous 12 months (January 2023 - December 2023) against the HICP was 5.8%.The National Bank of Romania (NBR) has revised upwards to 4.9%, from 4% previously, its inflation forecast for the end of 2024 and anticipates that it will reach 3.5% by the end of 2025, according to data released in November 2024 by the governor of the National Bank of Romania, Mugur Isarescu.
“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit. The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]
Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations. Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...
George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services. Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]
Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]
A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]
Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland. The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...
