The inflation annual rate in the EU dropped in March down to 2.6% from the level of 2.8% in February and one of 3.1% in January, but Romania, for the third time in a row is the country with the highest level of inflation in the community block, show the data published on Wednesday by Eurostat.In March, the EU member states with the lowest annual rates of inflation were Lithuania (0.4%), Finland (0.6%) and Denmark (0.8%). At the other end, the EU member states with the highest rates of inflation were Romania (6.7%), Croatia (4.9%) and Estonia and Austria (both with 4.1%). Compared to February 2024, the inflation annual rate dropped in 13 member states including Romania from 7.1% down to 6.7%, was stable in four countries and increased in ten member states.IN the euro zone, the inflation annual rate dropped from 2.8% in January to 2.6% in February, and in March got to 2.4%. Similarly, the Eurostat data show that core inflation, namely what is left after eliminating the prices for volatile goods, as well as energy and food, dropped down to 3.1% in March, from 3.3% in February. Another indicator which, besides the prices for energy and food, excludes prices for cigarettes and alcohol, dropped down to 2.9% from 3.1% in January. The core inflation is the indicator followed carefully by BCE for the drawing up of its decisions for monetary policy.In the case of Romania, the National Institute for Statistics (INS) informed that the inflation annual rate dropped in March 204 at 6.61% from 7.23% in February, as food got more expensive by 2.81%, non-food with 8.06% and services by 10.20%.According to the quoted source, the harmonised indicator of consumption prices in March 2024 compared to February 2024 was 100.45%. The inflation annual rate in March 2024 compared to March 2023 calculated on the basis of the harmonized indicator of consumption prices (IAPC) was 6.7%. The average rate of modification of consumption prices over the last twelve months (April 2023 – March 2024) against the previous twelve months (April 2022 – March 2023) determined on the basis of IAPC was 8.3%. The National Bank of Romania (NBR) has revised down to 4.7% its inflation forecast for the end of this year, from 4.8% in November, and expects it to reach 3.5% by the end of 2025, according to data presented in February by Central Bank’s Governor Mugur Isarescu.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
