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.
On November 20th, 2025, the Bucharest Stock Exchange (BVB) celebrated 30 years since its reopening, organizing a series of anniversary events along with various representatives of the Romanian capital market. Three decades ago, the first transactions took place on the BVB, and the Romanian investment landscape as we know it today began to take shape. […]
With the holidays just around the corner, we’ve created the new Collection of Boromir Infused Cozonac with natural vanilla syrup and pistachio. Unique, slightly moist, and richly filled, our latest assortments of Boromir Infused Cozonac make every festive moment with your loved ones even more special. Each bite melts in your mouth, bringing warmth, comfort, […]
Romanian airline AnimaWings announced on Friday, November 21, that starting in 2026, it will operate five new air routes from Timișoara International Airport, serving holiday destinations in Italy and Greece. The new connections include Athens (ATH), Olbia – Sardinia (OLB), Kefalonia (EFL), Thessaloniki (SKG), and Kavala (KVA). “We want Timișoara to become a reference point […]
President Nicușor Dan promulgated a law establishing October 29 as Queen Marie Day, following the bill’s adoption by the Chamber of Deputies on October 28, news agency Agerpres reported. The new law designates the date as a day dedicated to commemorating the life and historical contribution of Queen Marie of Romania. On October 29, public […]
Horaţiu Potra, the mercenary leader with alleged ties to Russia who previously fled Romania, was placed under preventive arrest for 30 days after his extradition from Dubai. He is investigated for attempted actions against the constitutional order, violation of the regime of weapons and ammunition, and violation of the regime of explosive materials. The same preventive […]
Nicușor Dan is the political figure in whom Bucharest residents have the most trust, according to a survey by INSCOP Research. The former mayor, now head of state, is followed by prime minister Ilie Bolojan. More precisely, 44.2% of the total sample state that they have quite a lot or very much trust in Nicușor […]
