The annual inflation rate in September 2025, compared to the same period of the previous year, was 9.88%, according to data from the National Institute of Statistics.
The highest price increases were recorded in non-food goods at 11.09%, with food registering a growth of 7.8%, while services saw an annual increase of +10%.
According to Biziday, the seasonal decrease in vegetable prices seems to have kept inflation below 10%. The annual evolution of prices for the main products:
Food:
- Vegetables -1.3% (potatoes -11%)
- Bread +9.4%
- Milk +9%
- Eggs +9%
- Meat +6.7%
Non-food goods:
- Electricity +70%
- Clothing +7%
- Fuels +7%
- Footwear +6%
- Gas -2%
Services:
- Restaurants +13%
- Rent +10%
- Transport +11%
- Telecommunications -1.5%
The National Bank of Romania (BNR) has significantly revised its inflation forecast for 2025 upwards from 4.6% to 8.8%.
BNR Governor Mugur Isărescu stated that the Romanian economy is currently facing several major shocks and warns that inflation could reach over 9% by the end of the year, with a peak in September.
"In September, it will probably peak, instead of 9%, it will probably be 9.6-9.7%, followed by a gradual absorption of these shocks and indeed, in our forecast, by the end of next year, inflation will not only enter the targeted range but will be even lower than the inflation forecasted in the previous inflation report. In other words, pay attention to the figures.
By the end of the year, 8.8%. It will probably exceed 9%. And we keep the 3% forecast from December 2026, slightly below the data from the previous forecast. Three major shocks that will be absorbed in the coming period, if we avoid side effects. Deterioration of inflation expectations is not easy after such price increases. This is the forecast, so we have a pretty hump, so to speak, it's even a bit bigger," added the BNR Governor.