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Opinion: The 2027 budget should protect the population’s purchasing power, against a backdrop of 8.6 per cent inflation

With a view to drawing up the budget for 2027, safeguarding the purchasing power of the population – particularly families with children, pensioners and those on low incomes – should be a priority for the Government. The call comes from MP Angela Cutasevici, a member of the Parliamentary Committee on Social Protection, Health and the Family, against the backdrop of annual inflation reaching 8.6 per cent.
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Angela Cutasevici

Angela Cutasevici

“A few figures worth noting: natural gas – 40.8 per cent more expensive than in August; food – 5.1 per cent more expensive than in the same period last year; medicines – 4.1 per cent more expensive over the last 12 months. What do these figures mean for people? For families with children, expenditure on food and housing costs is rising. For pensioners, every increase in the cost of medicines, food or utility bills puts additional pressure on their already limited incomes,” commented Cutasevici.

She points out that the minimum old-age pension is approximately 3,264 lei.

“There is a significant number of pensioners whose incomes remain at very low levels. With such incomes, price rises are felt much more acutely. What is even more worrying is that energy price rises are occurring right at the start of the cold season, when household consumption increases,” the MP noted.

“With a view to drawing up the budget for 2027, protecting the purchasing power of the population – particularly families with children, pensioners and those on low incomes – should be a genuine priority for the Government. People need incomes that allow them to live decently, and economic and social policies must be based on this reality,” Angela Cutasevici added.

According to data published on 9 October by the National Bureau of Statistics, annual inflation stood at 8.6 per cent at the end of September 2026.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.


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