Inflation of 10.9% in May Hits Pensioners' Budgets Hard

The inflation rate climbed to 10.9% in May, according to data published by the National Institute of Statistics, dealing a severe blow to pensioners on fixed incomes who are facing sharp price rises across essential goods and services.

Electricity recorded the most dramatic increase, rising by more than 55% compared to the same period last year. For pensioners, this hike translates into bills that are hundreds of RON higher, significantly straining their already limited budgets — particularly given that many older people spend more time at home and require constant heating or cooling.

Rents have also seen an alarming rise of over 40%, placing considerable pressure on older people who do not own their homes. Many elderly individuals find themselves having to reconsider their living arrangements or seek alternative care solutions, including moving into specialist residential facilities.

Diesel prices have risen by 36%, directly affecting transport costs and, by extension, the prices of food and medicines. For older people who rely on transport services to attend medical appointments or do their shopping, this increase represents an additional financial burden.

This inflationary spiral is having a disproportionate impact on the elderly population, who rely on fixed incomes through pensions that do not adjust in real time to fluctuations in prices. Many families with elderly members will need to reorganise their financial priorities, potentially forgoing certain healthcare or care services.

Economic experts warn that this trend may persist in the coming months, and that the impact on older people's quality of life will become increasingly apparent, requiring urgent social protection measures tailored to the needs of this vulnerable group.