The National Bank of Romania (BNR) forecasts that the annual inflation rate will stand at 5.1% at the end of the second quarter of 2025, and will decrease to 3.3% at the end of the first quarter of 2027, according to the Quarterly Inflation Report, May 2025 edition."According to the updated forecast, the annual CPI inflation rate is expected to fluctuate slightly in the short term, with a marginal increase in the second quarter, up to 5.1% in June 2025, an anticipated level also in September. The indicator will resume its downward trend starting from the fourth quarter, reaching 4.6% in December 2025 and will return to within the target range in the third quarter of 2026. Subsequently, the annual inflation rate will remains relatively stable, located in the upper half of the target range. The forecast value for the end of 2026 is 3.4%. In the context of the expiration of the electricity price cap scheme on June 30 this year, the forecast includes the hypothesis of a 15% increase in July, which is however burdened with upside risks," the Report says.Compared to the forecast published in the February Inflation Report, the annual CPI inflation rate is at higher values throughout the projection range, except for the second quarter of 2025.The BNR mentions that the revisions are +0.8 percentage points in December 2025 and +0.3 at the end of next year. Higher contributions are forecast for core inflation over the entire projection period and electricity in the second half of this year and the first half of next year, partially offset in 2025 by lower fuel inflation. Despite these upward revisions, the balance of risks is assessed to remain tilted to the upside in the inflation rate from the values forecast in the baseline scenario.
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
The winter holidays are, for many of us, that rare time when everything slows down and joy becomes simple again: a beautifully decorated Christmas tree, a glass of fine wine, laughter mingling with the clinking of glasses, and breathtaking views all around. In the world of Ana Hotels, the magic of the season is celebrated […]
Kings’ Valley Medical & Spa Hotel is more than a luxurious retreat — it is a gateway to one of Bulgaria’s most enchanting regions. – The Rose Valley. Nestled in the heart of the country, just a few scenic hours from Bucharest, the hotel offers guests a rare blend of tranquility, wellness, and discovery....
