price hikes

Food prices will approach 12% in the first quarter of the year, according to the Inflation Report, published on Friday by the National Bank. Inflationary pressures on the energy segment will also continue (including in the case of fuels,…

Price hikes are the biggest concern of Romanians this year, although they say they are more optimistic than in the past, according to an Ipsos study that covered 33 countries. Romanians have had a much more difficult year compared to the…

As last month saw consistent price hikes, driven up by increases in energy and fuel tariffs, the inflation was up to 5.25% in August compared to the same month last year. Electricity, oil, gas and fuel are the products that have become more…

The National Bank of Romania increased the inflation estimate from 4.1% to 5.6% at the end of this year and from 3% to 3.4% the estimate for next year. The main reason for this increase is the increase in prices for gas, electricity, fuel…

In its meeting of 6 August 2021, the Board of the National Bank of Romania decided to keep the monetary policy rate at 1.25 percent per annum, and to leave unchanged the deposit facility rate at 0.75 percent per annum and the lending…

Consumer prices were up 2.2% in October 2020 compared to October 2019. The annual rate calculated on the basis of the Harmonised Index of Consumer Prices (HICP) is 1.8%, according to the latest report by the National Institute of Statistics…

Competition Council has warned retailers not to increase prices those days amid consumers' growing demand, as authorities can resort to exceptional measures to stop unjustified price hikes, the Competition Council president, Bogdan…

The National Bank of Romania (BNR) has announced an all time record for the exchange rate, with the Euro hitting a historical high: RON 4.8026. It is the first time in Romania's history that the Euro reaches such value. The RON…

Inflation has been down to 3.6%, according to the National Institute of Statistics (INS). Food was more expensive in January by 4.75%, services by 4.01%, while the price of non-food goods climbed by 2.68%. Consumer prices were up 0.4% in…

Managers  from  the  manufacturing  industry forecast a moderate growth of the production volume (balance +14 percent) for the next three months, according to the business tendency survey of May  2018, carried out by National Institute of…