Annual inflation rate will fluctuate sharply in the first semester of 2025 and in the second semester it will decrease on a higher trajectory than in the previous projection.
According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.
The consumer price index in December 2024 compared to November 2024 was up by 0.29%.
Romania's economy has fallen short of expectations, note Colliers consultants, who initially predicted a promising local economic scenario for 2024 that failed to materialize.
The annual inflation rate in October 2024 compared to October 2023 calculated on the basis of the Harmonized Index of Consumer Prices (HICP) was 5%.
The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.
Significant disparities in tax rates and competitiveness indicators across the CEE region.
More than half of the respondents (57%) believe that it is very likely that our country will face an economic crisis in 2024.
The rate cut will be a moderate 25 basis points, but it comes at the right time for two reasons: economic growth in Europe is starting to pick up after reaching its lowest level.
Inflation is expected to miss the target in 2024-2025, with the NBR cutting rates to 6% in 2024 and 4.5% in 2025.
Both SMEs and individuals are increasingly turning to second-hand furniture, with demand increasing by 14% compared to previous years.
The management and maintenance costs of the office buildings in Colliers Romania's Asset Services portfolio increased by 9% last year compared to 2022.
In 2024, Romania's economy is expected to continue its growth trend, but at a more moderate pace.
Without measures to support consumption, Romania risks losing its most important engine of economic growth.
The annual inflation rate dropped in February 2024 to 7.23%, from 7.41% in January.
Romania's Government Private Cloud, the country's largest critical digital infrastructure, has entered operational stage nationwide.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania has recorded one of the highest gender employment gaps in the European Union, significantly trailing the bloc's average, according to the latest data from Eurostat.
The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.
Romanian deep-tech company Qognifly has launched Drone Wall, an autonomous counter-drone system developed by Romanian engineers and validated in operational conditions.