The annual inflation rate in EU went up in March to 7.8%, from 6.2% in February, member countries with the highest rates being Lithuania (15.6%), Estonia (14.8%), Czech Republic (11.9%), the Netherlands (11.7%), Latvia (11.5%), Bulgaria (10.5%), Poland (10.2%), Spain (9.8%) and Romania (9.6%), according to data published by Eurostat on Thursday. In comparison to the February 2022 situation, the annual inflation rate grew in 25 member states, Romania included, from 7.9% to 9.6%. In March 2021, the annual inflation rate in EU was 1.7% and in Romania it was 2.5%. In the euro zone, the annual inflation rate grew to 7.4% in march, from 5.9% in February. A year ago the annual inflation rate in the euro zone was 1.3%. For states in the euro zone, the most significant impact on the annual price rise came from energy, where an increase of 4.36%, followed by prices of services which recorded an advance of 1.12% and the price of food, which grew by 1.07%. Eurostat data show that core inflation in the euro zone grew by 3.2% annually, over the BCE target. Core inflation is is the indicator attentively watched by BCE in elaborating its monetary policy. In Romania's case, the National Statistic Institute previously informed that the annual inflation rate went up to 10.15% in March 2022 from 8.53% in February, because prices of non food goods were by 10.86% more expensive, food by11.20% and services by 6.53%. According to the source quoted, the harmonized price index of consumer goods in March 2022 against February 2022 was 101.95%. The annual inflation rate in March 2022 compared to March 2021, calculated based on the harmonized index of consumer prices is 9,6%. BNR foresees an inflation of 11.2% at the end of quarter 2, 2022, of 10.2% in quarter 3 and 9.6% in quarter 4, 2022, according to the quarterly report on inflation.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
