European Union annual inflation was 3.0% in July 2026, up from 2.9% in June, with Romania reporting the highest rat at 8.2%, according to data released on Wednesday by the European Union's official statistics office Eurostat.The lowest annual rates were registered in Sweden (0.3%), Czechia (1.3%), Denmark and Hungary (both 1.6%). The highest annual rates were recorded in Romania (8.2%), Lithuania (5.4%), Cyprus and Bulgaria (both 4.4%).Compared with June 2026, annual inflation fell in fifteen Member States, remained stable in three and rose in nine. In Romania, it went down from 9.2% to 8.2%.In July 2026, services (+1.55 percentage points, pp), energy (+0.94 percentage points, pp), non-energy industrial goods (+0.23 percentage points, pp) and food, alcohol & tobacco (+0.23 percentage points, pp).In Romania's case, data previously published by the National Institute of Statistics (INS) showed that the annual inflation rate decreased to 8.16% in July, from 10.42% in June, as services became more expensive by 13.67%, non-food goods by 7.93%, and food goods by 5.03%."The consumer price index in July 2026 compared with June 2026 was 100.58%. The inflation rate at the beginning of the year (July 2026 compared to December 2025) was 4.4%. The annual inflation rate in July 2026 as against July 2025 was 8.2%. The average rate of change in consumer prices in the last 12 months (August 2025 - July 2026) as against the previous 12 months (August 2024 - July 2025) was 9.8%," according to INS.The harmonised index of consumer prices in July 2026 as against June 2026 was 100.42%.The annual inflation rate in July 2026 as against July 2025 calculated against the Harmonised Index of Consumer Prices (HCPI) was 8.2%. The average rate of change in consumer prices over the last 12 months (August 2025 - July 2026) compared with the previous 12 months (August 2024 - July 2025) was 8.8%.The National Bank of Romania (BNR) has revised upwards, to 5.5% from 3.9%, its inflation forecast for the end of 2026 and anticipates that it will reach 2.9% at the end of 2027, according to data presented in May by the governor of the National Bank of Romania, Mugur Isarescu.