Annual inflation in Romania rose to 6.3% in September 2021, from 5.3% in August, as prices for non-food goods rose by 8.71%, by 4.26% for food, and by 3.75% for services, according to data published on Tuesday by the National Institute of Statistics (INS).According to INS, consumer prices in September 2021 increased by 0.8% on a monthly basis. Inflation at the beginning of the year (September 2021 versus December 2020) is 5.6%, while the September 2021 annual inflation rate reached 6.3%.Average consumer prices in the last 12 months (October 2020 - September 2021) as against the previous 12 months (October 2019 - September 2020) were up 3.6%.Also, the harmonised index of consumer prices in September 2021 versus August 2021 is 100.83%.According to the INS, the September 2021 annual inflation rate calculated against the Harmonised Index of Consumer Prices (HICP) is 5.2%. The average rate of consumer prices in the last 12 months (October 2020 - September 2021) as against the previous 12 months (October 2019 - September 2020) on the basis of the HICP is 2.9%.The National Bank of Romania (BNR) has upwardly adjusted its inflation forecast to 5.6% by the end of 2021, according to a presentation made in August by BNR Governor Mugur Isarescu.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
