Romania’s central bank raises inflation forecast amid end of energy price cap
The National Bank of Romania (BNR) has revised upward its inflation forecast for nearly the entire projection horizon, citing the planned lifting of the energy price capping mechanism at the end of June 2025 and higher core inflation…
iulian ernst · Journalist
· Updated · 2 min read
The National Bank of Romania (BNR) has revised upward its inflation forecast for nearly the entire projection horizon, citing the planned lifting of the energy price capping mechanism at the end of June 2025 and higher core inflation contributions. The updated projections were published in the May 2025 edition of the Quarterly Inflation Report.
According to the new forecast, annual inflation is expected to reach 5.1% at the end of the second quarter of 2025 before falling to 4.6% by the end of the year. It is then projected to decrease further to 3.4% at the end of 2026 and 3.3% by March 2027.
