Romania's inflation jumps to 7.8% in July, fueled by energy price hikes

Business Forum

12 August, 2025 at 3:03 PM

Romania's annual inflation rate has surged to 7.8% in July 2025, marking a significant increase from the previous month, according to the National Institute of Statistics (INS).

The Consumer Price Index (CPI) for July 2025 is 102.68% compared to June 2025. The inflation rate since the beginning of the year stands at 5.8%. This upward trend is primarily attributed to the cessation of the electric energy price capping support scheme, which was in effect until June.

The most notable increases were seen in non-food goods, particularly electricity, gas, and central heating. The price of electric energy rose by 61.57% in July compared to June.

Non-food goods as a whole saw a 5.06% increase. Services and food goods also experienced price rises, though less dramatically, with increases of 1.01% and 0.39% respectively, compared to the previous month.

The average rate of change in consumer prices over the last 12 months (August 2024-July 2025) was 5.3%.

Romanian businesses expect economic slowdown in early 2026

Romanian business managers across key sectors forecast a moderate decline in economic activity for December 2025 to February 2026, according to the latest survey from the INS.

Economy

Romanian inflation to rise over higher VAT, warns Fitch Ratings

Romania's fiscal package is expected to have a substantial budgetary impact, estimated at 1.1% of GDP this year and 3.5% in 2026, finds an analysis by Fitch Ratings.

Economy

Romanian inflation reaches 5.7% in June 2025

The annual inflation rate in Romania rose to 5.7% in June 2025, up from 5.45% in May.

Economy

Romania's inflation could hit 6% by year-end, says ING

Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.

Economy

World Bank lowers Romania's growth estimate for 2025

The Romanian economy is projected to grow by 1.3% this year, a decrease from the 2.1% forecast in January, according to the latest World Bank report on global economies.

Real estate

Romania's construction sector sees growth in Q1 2025

The Romanian construction sector recorded a 3.1% growth in the volume of works in March 2025 compared to March 2024, adjusted for the number of working days and seasonality, according to the National Institute of Statistics (INS).

Economy

Romania's inflation remains steady in April 2025

Romania's Consumer Price Index (CPI) increased marginally by 0.07% compared to March 2025, while the annual inflation rate reached 4.9% by April 2025, according to the National Institute of Statistics (INS).