From August 1, new VAT rates and higher excise duties will lead to price hikes in all sectors, including fuel.

As of August 1, Romania will apply new VAT rates of 11% for essential food and services and 21% for non-food goods, which will lead to higher prices. For example, a 100 lei product will cost 2 lei more. The Competition Council will monitor prices to prevent speculation. The increases will also affect fuel, with prices estimated at 7.4 lei for gasoline and 7.8-7.9 lei for diesel. The NBR warns of a rise in inflation, estimating a 9% rate by the end of the year, influenced by new tax measures.