Romanian inflation to close at 9.6% by year-end
Romania's inflation will finish the year at 9.6%, according to ING Bank Romania economists. This projection comes as the country's inflation is expected...
Romania's inflation will finish the year at 9.6%, according to ING Bank Romania economists. This projection comes as the country's inflation is expected...
Romania is among the few member states where residential prices have grown at rates below the EU average of around 58%, between Q1 2010 and Q1 2025, according to Eurostat.
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%.
In the December 2024 business cycle survey, managers in the manufacturing industry forecast a moderate decrease in the volume of production for the next three months.
French and German families will benefit from sizable price reductions this year, while Romanian ones will see an increase.
Gifts are chosen based on the specific preferences of the recipients, say nearly 9 in 10 respondents, while the rest opt for universal gifts that would suit anyone.
There are more than 7,800 dental clinics and around 9,500 dentists in Romania and the average cost of treatment per patient is Ron 1,000.
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 building materials trade is seeing a steady rise in logistics costs. After an increase of 22% in 2023, in the first six months of this year it has reached 25%.
The construction materials whose prices are increasing, however, are Oriented Strand Boards (OSB), with an advance of 6%, and sandwich panels, whose price is rising by 4%.

Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
State-owned lender CEC Bank has obtained a €25 million loan from the European Investment Bank (EIB) to finance public sector projects that contribute to sustainable economic development, particularly in regions most affected by climate transition.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.