The annual inflation rate in EU dropped in February to 2.8%, from 3.1% in January, but Romania is, for the second month in a row, the country with the highest inflation in EU, according to data released by Eurostat on Monday. In February, EU member countries with the lowest annual inflation rates were Latvia and Denmark (both with 0.6%), followed by Italy (with 0.8% inflation). At the opposite pole, EU countries with the highest annual inflation rates were Romania (7.1%), Croatia (4.8%) and Estonia (4.4%). Compared to January 2024, the annual inflation rate dropped in 20 member states, Romania included, from 7.3% to 7.1%, remained stable in 5 countries and went up in tw member states. In the euro area, the annual inflation rate dropped from 2.8% in January to 2.6% in February. Eurostat data show that core inflation, after eliminating prices for volatile goods, such as energy and food, dropped to 3.3% in February from 3.6% in January. Another indicator, which besides energy and food prices, excludes prices for cigarettes and alcohol, dropped to 3.1% from 3.3% in January. Core inflation is the indicator attentively monitored by ECB in elaborating its monetary policy decisions. In Romania's case, the National Statistic Institute (INS) previosuly informed that the annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January. When food prices went up by 4.48%, notn food by 7.82% and services by 11%. According to the source mentioned, the consumer price index in February 2024 compared to January 2024 was 100.78%. The annual inflation rate in February compared to February 2023, calculated based on the consumer price index was 7.1%. The average rate of consumer price modification in the last 12 months (March 2023-February 2024) against the previous 12 months (March 2022-February 2023) dwas 8.7%. The Romanian central bank(BNR) reviewed as dropping to 7.4% the inflation prognosis for the end of the year, from 4.8% previously and anticipates that it would reach 5.3% at the end of 2025, according to data presented in February by BNR governor Mugur Isarescu.
Update: After the counting of the almost 590,000 votes cast in Bucharest, Liberal (PNL) candidate Ciprian Ciucu won the elections for general mayor with 36.1% (over 211,000 votes), holding a lead of more than 14 percentage points over the runner-up. Anca Alexandrescu (21.94%), the candidate...
The exit polls published on Sunday, December 7, at 9 PM, give Ciprian Ciucu as the winner of the elections for Bucharest's new general mayor. The candidate backed by the center-right National Liberal Party won 32.7% of the votes, over 6% ahead of Daniel Băluță, who was backed by PNL’s coalition partner, the Social Democratic […]
Close to 1.8 million Bucharest residents are expected to cast their ballot on Sunday, December 7, to elect the city's next mayor. The post has been vacant since Nicușor Dan was elected president this May. He had secured a second mandate as mayor of Bucharest in June 2024, having won over 48% of the votes. […]
I am a bit late to the party, but I have thoughts (and concerns) on Radu Jude’s much talked-about Dracula, and even more thoughts (and compliments) on other films that I fear might have gone under the radar a bit. Let’s go! There is no more recognizable marketing asset for the local tourism (and no […]
Waterdrop®, brandul european care a redefinit experiența de hidratare prin soluții sustenabile și design minimalist, lansează în România colecția AO26 în Ediție Limitată, inspirată de dinamica și ritmul inconfundabil al Australian Open. Noua colecție aduce în prim-plan produse create pentru cei care își doresc hidratare de nivel profesionist în viața de zi cu zi, de […]
The 33rd edition of Concerto di Natale, held on December 13, 2025, at the Auditorium Conciliazione in Rome, will feature Romanian artists Stephanie Radu and Alin Stoica. The concert, a Christmas emblem, brings artists from all over the world before the international public. Soprano Stephanie Radu will perform two special moments, namely “Regalo di Natale,” her […]
