Natural gas and cooking oil suffered the highest price increases in the past year, while the only reduction was noted in air transport services, according to data of the National Institute for Statistics (INS) published on Monday.In the November 2020 - November 2021 interval, the prices for natural gas have increased by 49.42 pct, cooking oil - 28.17 pct and fuels - 25.55 pct.In what regards food, in the past year the highest price increase was noted in cooking oil - 28.17 and potatoes - 22.55 pct, with no price decreases recorded.On the other hand, since the beginning of this year, the price of cooking oil increased by 25.47 pct and potatoes by 19.61 pct, without price decreases recorded.In the non-food items category, the past year saw the highest price increases in natural gas - 49.42 pct and fuels - 25.55 pct, without price decreases recorded.Electrical energy saw price increases in November compared to the same month of last year and the start of the year by 8.14 pct, and compared to the previous month, the price decreased by 12.2 pct.In the case of services, the highest increases were noted in other services (plus 7.01 pct), water, sewerage, sanitation (6.88 pct) and postal services (5.53 pct). Air transport services were cheaper by 0.94 pct.Since the beginning of the current year, the highest increases in prices were recorded in water, sewerage, sanitation (7.09 pct), other service (7.02 pct) and postal services (5.53 pct). Air transport services were cheaper by 21.85 pct.The annual rate of inflation dropped to 7.8 pct for November 2021, from 7.9 pct in October, given that non-food items recorded price increases of 10.49 pct, food items - 6.10 pct, and services - 4.09, according to data published on Monday by the National Institute for Statistics (INS).
The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]
The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]
The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]
Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits. Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]
The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections. It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
