Romania's inflation eased slightly to 9.8% in October 2025, with rates held steady at 6.5% amid rising economic concerns.

Romania's annual inflation rate eased slightly to 9.8% in October 2025, down from 9.9% in September, driven by high increases in energy, food, and services prices, particularly electricity, fresh fruits, and rent. The National Bank of Romania raised its 2025 inflation forecast to 8.8% from 4.6%, citing lingering effects from the end of energy price caps and tax hikes, and expects inflation to fall to 3% by late 2026. The central bank maintained its key interest rate at 6.5% on November 12, 2025, amid concerns over fiscal sustainability and global economic uncertainty.