Romania's annual inflation rate rises to 10.71% in April
The annual inflation rose to 10.71% in April, from 9.87% in March, as services became 13.04% more expensive, non-food goods 12.02% and food products 7.39%, according to the National Institute of Statistics (INS) data published on Wednesday.
'The consumer price index in April 2026 compared with March 2026 is 100.84%. The inflation rate since the beginning of the year (April 2026 compared with December 2025) is 3.1%. The annual inflation rate in April 2026 compared with April 2025 is 10.7%. The average rate of change in consumer prices over the past 12 months (May 2025 - April 2026) as compared to the previous 12 months (May 2024 - April 2025) is 9.0%,' the INS release informed.
According to the quoted source, the Harmonized Index of Consumer Prices (HICP) in April 2026 compared with March 2026 stood at 100.73%. The HICP-based annual inflation rate in April 2026 compared with April 2025 was 9.5%. The average rate of change in consumer prices over the past 12 months (May 2025 - April 2026) against the previous 12 months (May 2024 - April 2025), based on the HICP, was 8.0%.
The National Bank of Romania (BNR) revised upwards its inflation forecast for the end of 2026 to 3.9%, from a previous estimate of 3.7% and expects inflation to reach to 2.7% by the end of 2027, according to data presented in February by BNR Governor Mugur Isarescu.
BNR Deputy Governor Cosmin Marinescu said on Tuesday that April would bring a fresh inflation surge, to above 10%, affecting consumption which had already weakened since February, with retail sales down 6.8% year-on-year.
'In Romania, despite the economy being in a deficit demand phase, the rise in energy prices pushed inflation above expectations in March to nearly 10%. The main cause was a roughly 13% increase in fuel prices and April will bring a new inflation impulse to above 10%. Inflation is affecting already compressed consumption: as early as February, retail sales were down 6.8% year-on-year. The outlook for the coming months is not encouraging, as oil tanker traffic in the Persian Gulf remains obstructed. If tensions persist, high energy prices could, through second-round effects, force the persistence of 'Hormuz inflation' for several quarters,' Cosmin Marinescu wrote in the article 'Hormuz Inflation - the new challenge to global monetary policy.' AGERPRES (RO - writing by: George Banciulea; EN - writing by: Rodica State)
The content of the www.agerpres.ro website has the exclusive purpose of public informing.
All the information published on this website by AGERPRES is protected by relevant legal dispositions.
It is forbidden to copy, reproduce, recompile, decompile, distribute, publish, display, modify, create derived components or products or full services, as well as any exploitation of the site's content.
Details in the section Terms of Use. If you are interested in picking up AGERPRES news items, please contact the Marketing Department – marketing@agerpres.ro.
The use of the Comments section entails your obligation to respect the AGERPRES terms and conditions in regards to the publishing of comments on the www.agerpres.ro.
Other news in category
B9 Summit/Romania's President and Poland's President welcome delegation heads at Cotroceni Palace
Romania's President Nicusor Dan and Poland's President Karol Nawrocki at Romania's Cotroceni Presidential Palace on Wednesday welcomed the heads of delegations participating in the 11th Summit of the Bucharest 9 (B9) Format, with the participation of the Nordic states, the U.S. and Ukraine. Ukraine's President Volodymyr Zelenskyy, who is travel
ForMin Toiu, Norwegian counterpart discuss positive momentum of economic cooperation
Economic cooperation between Romania and Norway, investment in Romania, as well as security and defence matters were among the topics discussed on Wednesday by Foreign Minister Oana Toiu during a meeting with her Norwegian counterpart Espen Barth Eide, who is in Bucharest for the Bucharest 9 (B9) Format and Nordic Countries Summit. According to a press release
International experts gather in Tulcea for Danube Delta wetlands conference marking research centenary
Specialists from six countries are currently taking part in the international conference 'The History and Future of Wetland Health - 100 Years of Research for Sustainable Management in the Danube Delta,' organised by the National Institute for Research and Development of the Danube Delta (INCDDD) in Tulcea. The event, which brings together experts from
President Dan meets ECHR President; Romania pledges full implementation of Court's judgments
President Nicusor Dan held a meeting on Wednesday with the President of the European Court of Human Rights (ECHR), Mattias Guyomar, during which he expressed Romania's commitment to fully implement the Court's judgments. 'Today we had an excellent meeting with the President of the European Court of Human Rights, Mattias Guyomar. We reaffirmed Roman
INS: Average net earnings stand at 5,938 lei in March, up 6.9% month-on-month
The average gross earnings stood at 9,902 lei in March 2026, up 630 lei (+6.8%) compared with February 2026, while the average net earnings reached 5,938 lei, increasing by 381 lei (+6.9%), according to the National Institute of Statistics (INS) data published on Wednesday. Compared with March 2025, the average net earnings increased by 4.3%. Th
UPDATE/Romania's economy falls 1.7pct in Q1 y-o-y and 0.2pct compared with previous quarter
Romania's Gross Domestic Product (GDP) fell 1.7% in the first three months of 2026 as unadjusted series compared with the same period in 2025 and 0.2% compared with the previous quarter, the National Institute of Statistics (INS) announced on Wednesday. According to INS data, Gross Domestic Product recorded a decline of 1.7% as unadjusted series and 1.5% a
International astronauts gather in Bucharest to mark 45 years since first Romanian spaceflight
A series of events marking 45 years since the historic flight of the first Romanian cosmonaut will begin on Wednesday in Bucharest. According to a press release from Fundatia Cosmonaut Dumitru-Dorin Prunariu, 14 international guests - astronauts and specialists in the field - arrived in Romania on Tuesday to take part, alongside Dumitru Dorin Prunariu, in the
Speaker of Moldova's Parliament: Russia has skilfully and cynically exploited — and continues to exploit — vulnerabilities
Speaker of the Parliament of the Republic of Moldova Igor Grosu said on Tuesday that the Russian Federation has long 'very skilfully and cynically' exploited, and continues to exploit, vulnerabilities in the organisation and integrity of electoral processes and campaigns. Igor Grosu took part in the Black Sea and Balkans Security Forum, in a panel on &
B9 Summit/Romania's fourth time hosting Bucharest 9 Format Summit
President Nicusor Dan is hosting the 11th Summit of the Bucharest 9 (B9) Format at Cotroceni Presidential Palace on Wednesday, with the participation of the Nordic states, the U.S. and Ukraine. According to the Presidential Administration, the meeting is being held under the imperative of increased contribution to transatlantic security, a formula reflecting t
Black Sea Defense and Aerospace kicks off in Bucharest
Black Sea Defense and Aerospace (BSDA), the leading event in the Black Sea region dedicated to the defence and security industry, kicks off on Wednesday in Bucharest at the Romaero Baneasa platform. According to a press release, the 10th edition, marking 20 years since its launch, is also the largest organised to date, with more than 550 exhibiting companies f
Polish President: Peace is also starting to become an interest of the Russian Federation
The President of the Republic of Poland, Karol Nawrocki, said on Tuesday that the Russian Federation is starting to become interested in concluding peace, in the context of the economic decline and the loss of previously occupied territories. The clarifications, made during a press conference held in Bucharest, concerned the recent statements of Russian Presid
CyberSea Festival returns with atypical beachside model for hands-on cyber training
The second edition of CyberSea Festival was launched on Monday, bringing together government officials, private-sector leaders and front-line cybersecurity specialists to kick off a project aiming to reshape how Romania trains its next generation of digital-security experts. 'The shortage of cybersecurity personnel is a pressing issue at both national and
Nawrocki: Warsaw, Bucharest, the most important centres of NATO's strategic response on the eastern flank
Poland's President Karol Nawrocki said on Tuesday that Poland and Romania are the most important centres of NATO's strategic response on the eastern flank. At a joint news conference with Romania's President Nicusor Dan, at the Cotroceni Presidential Palace in Bucharest, Nawrocki underlined the importance of the B9 format and the Three Seas Initiat
NATO Secretary-General arrives in Bucharest, welcomed at Cotroceni by Romanian and Polish presidents
NATO Secretary-General Mark Rutte arrived in Bucharest on Tuesday evening, one day ahead of the B9 Summit scheduled to take place at the Cotroceni Palace. He was welcomed at Cotroceni by Romanian President Nicusor Dan and Polish President Karol Nawrocki, who will co-chair the Bucharest Nine Format Summit. According to the Presidential Administra