Annual inflation rate in Romania rose to 9.9% in August, from 7.84% in July, as non-food goods prices rose by 10.48%, services by 9.85% and food goods by 8.92%, according to data published on Thursday by the National Institute of Statistics (INS).The consumer price index in August 2025 compared with July 2025 was 102.10%. The inflation rate at the beginning of the year (August 2025 as against December 2024) was 8.1%. The annual inflation rate in August 2025 as against August 2024 was 9.9%. The average rate of change in consumer prices in the last 12 months (September 2024 - August 2025) compared with the previous 12 months (September 2023 - August 2024) was 5.7%.The Governor of the National Bank of Romania (BNR), Mugur Isarescu, said in August that inflation will form a hump in September, when a peak of 9.6-9.7% will be recorded, expected to go down to just above 9% at the end of the year.BNR has revised upwards its inflation forecast for the end of 2025 to 8.8%, probably above 9%, from 4.6% previously, and it anticipates that it will reach 3% at the end of 2026, as against 3.4% in its previous forecast.On August 1, standard Value Added Tax (VAT) in Romania increased to 21%, from 19% previously. The only single reduced VAT rate is 11%.
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
