The Consumer Price Index (CPI) – indicator for determining inflation at national level - The Consumer Price Index in November 2021 compared to October 2021 is 100.00%. - The inflation rate since the beginning of the year (November 2021 compared to December 2020) is 7.4%. - The annual inflation rate in November 2021 compared to November 2020 is 7.8%. - The average consumer price rate over the last 12 months (December 2020-November 2021) as compared to the previous 12 months (December 2019-November 2020) is 4.5%. The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation at the level of EU Member States - The Harmonised Index of Consumer Prices in November 2021 compared to October 2021 is 100.26%. - The HICP-based annual inflation rate in November 2021 compared to November 2020 is 6.7%. - The HICP-based average consumer price rate over the last 12 months (December 2020-November 2021) as compared to the previous 12 months (December 2019-November 2020) is 3.7%. The annual rate of inflation has dropped to 7.8 pct in November 2021, from 7.9 pct in October, given that the prices of non-food items have increased by 10.49 pct, food items by 6.10 pct, and services by 4.09 pct, according to data published on Monday by the National Institute for Statistics (INS)."The Consumer Price Index [CPI] in November 2021 compared to the month of October 2021 is 100 pct. The rate of inflation since the beginning of the year (November 2021 compared to December 2020) is 7.4 pct. The annual rate of inflation in November 2021 compared to the month of November 2020 is 7.8 pct. The average rate of consumer prices in the past 12 months (December 2020 - November 2021) over the previous 12 months (December 2019 - December 2020) is 4.5 pct," says the INS release.According to the quoted source, the Harmonized Consumer Price Index in November 2021 compared to October 2021 is 100.26 pct.The annual rate of CPI inflation is projected at the value of 7.5 pct in December 2021 and is forecast to die down to 5.9 pct by the end of next year, according to the Report on inflation of the National Bank of Romania (BNR).BNR mentioned that compared to the report in August the new projection is higher by 1.9 percentage points for the end of the current year and by 2.5 percentage points for the end of next year. A large part of these revisions is explained by the increasing contribution of the components of the consumption basked outside the control of monetary policy.
The Government of Romania, through its seaport company Administratia Porturilor Maritime (CNAMP), is close to buying Moldova's largest port, Giurgiulesti (PILG), from the European Bank for Reconstruction and Development (EBRD), announced Romania's Minister of Transport, Ciprian Șerban, speaking for
Bucharest’s Grigore Antipa Museum of Natural History is now offering an audio guide in Ukrainian. The guide, made in a partnership with Ukraine’s Embassy to Romania, adds to the museum’s existing ones in Romanian, English, and Turkish. The project is part of an initiative started by Ukraine’s first lady, Olena Zelenska, and rolled out in […]
The remains of Grigore Alexandru Ghica, a prince of Moldavia in the second half of the 19th century, have been brought back to Romania from France’s Le Mée-sur-Seine this past weekend. After lying in state at Cotroceni Palace, the headquarters of the Romanian Presidency, the coffin with his remains will travel to Focşani and Iaşi, […]
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
