The annual inflation rate rose to 5.7% in June 2025, from 5.45% in May, as food prices rose by 7.36%, services by 7.05% and non-food goods by 3.9%, according to data published on Friday by the National Institute of Statistics.The consumer price index in June 2025 compared to May 2025 was 0.45% and the inflation rate since the beginning of the year (June 2025 compared to December 2024) was 3.1%. The average rate of change in consumer prices in the last 12 months (July 2024 - June 2025) compared to the previous 12 months (July 2023 - June 2024) was 5.1%.The annual inflation rate in June 2025 compared to June 2024 calculated based on the Harmonized Index of Consumer Prices (HICP) was 5.8% and the average rate of change in consumer prices in the last 12 months (July 2024 - June 2025) compared to the previous 12 months (July 2023 - June 2024) determined based on the HICP was 5.3%.The National Bank of Romania warned on July 8 that the annual inflation rate will increase considerably in the coming months, under the transitory impact of the expiration of the electricity price cap scheme and the increase in VAT and excise rates starting August 1, standing well above the values ??indicated by the May 2025 forecast in the short term.In May, the central bank revised upwards, to 4.6%, from 3.8% previously, the inflation forecast for the end of 2025.
Ion Iliescu, Romania’s first president after the fall of communism in December 1989 and one of the country’s most influential and controversial political figures, died on Tuesday, August 5, at the age of 95. His death was announced by the government, which expressed condolences to his family and stated that details regarding the state funeral […]
A large medieval cemetery was discovered this week at the Hasdeu High School in Lugoj, western Romania. The complex may have extensions into the surrounding yards and a high historical importance. Although the excavations are only just beginning, with an estimated 10% of the necessary work completed so far, the discoveries have already showed promise. […]
A trilateral working meeting for the creation of a regional cybersecurity alliance between Romania, the Republic of Moldova, and Ukraine took place on July 30 in Chernivtsi, Ukraine. The establishment of such a union would boost Romania's role in region. "The National Cybersecurity Directorate considers that the initiative to establish a cybersecurity coalition between Romania, […]
Two Dacian gold bracelets from the collection of the National History Museum of Romania (MNIR) have been recently 3D scanned as part of a digital preservation project highlighting these exceptional archaeological pieces. The initiative, launched by the museum, aims to showcase the artistry and cultural significance of Dacian goldsmithing. Crafted with remarkable skill, the spiral-shaped […]
Arad, a city in western Romania dubbed the “Little Vienna,” will organize a celebration of its history and culture in the Austrian capital, between August 8 and 20. The Days of Arad Culture begin on August 8 with the photo exhibition "Arad of Yesterday and Today," which will highlight the architectural connection of the city […]
In a report published on Tuesday, August 5, the Group of States against Corruption, or GRECO, said that Romania has fully implemented two of the 26 recommendations made in the 2023 Fifth Round Evaluation Report on preventing corruption and promoting integrity among top executive functions of the central government and law enforcement. Out of the […]
