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.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
