A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
The annual inflation rate in Romania fell in August 2024 to 5.1% from 5.42% in July, as food prices rose by 4.25%, non-food prices by 4.35%, and services prices by 8.60%, according to data published on Wednesday by the National Institute of Statistics (INS).The consumer price index in August 2024 versus July 2024 was 100.23%. The inflation rate at the beginning of the year (August 2024 against December 2023) was 3.4%. The annual inflation rate in August 2024 compared to August 2023 was 5.1%. The average rate of change in consumer prices in the last 12 months (September 2023 - August 2024) compared to the previous 12 months (September 2022 - August 2023) was 6.5%.The harmonised index of consumer prices (HICP) in August 2024 compared with July 2024 was 100.28%. The annual inflation rate in August 2024 compared with August 2023 calculated against the HICP was 5.3%. The average change in consumer prices in the last 12 months (September 2023 - August 2024) compared with the previous 12 months (September 2022 - August 2023) computed against the HICP was 6.7%.The National Bank of Romania (NBR) has revised downwards, from a previous 4.9% the inflation forecast for the end of 2024 and anticipates that it will reach 3.4% by the end of 2025, according to data released in August by Governor of the National Bank of Romania Mugur Isarescu.According to the presentation, the downward trend in the inflation rate will continue over almost the entire projection range, but the pace of disinflation is expected to slow down visibly in the second part of it.
A new online tool allows the location of Romanian passenger trains, Profit.ro reported. On the Bilete.infofer.ro platform, under the heading "My train/Trenul meu," one can track the position...
Presidential candidate Ludovic Orban, now the head of a center-right political vehicle but once the leader of the Liberal Party (PNL), announced he was stepping down in favor of reformist leader Elena Lasconi (USR) in a move aimed at triggering a consolidation of the center-right forces under a single candidate, several days before the first […]
The Romanian national postal company Posta Romana will close all its post offices "in the coming years" and rent them out, announced the company's general manager, Valentin Ștefan, quoted by Economica.net. The only reason for not closing the offices...
The Romanian Parliament, by the vote of the Chamber of Deputies, adopted an amendment to the Fiscal Code to exempt from taxation, until July 31, 2025, the earnings derived by natural persons from investments in cryptocurrencies, according to Profit.ro. The timing is important since cryptocurrency...
Transfond, which operates the interbank payments automated clearing house, and the Romanian Association of Banks have officially launched the domestic payment system RoPay, which allows transfers from account to account without the intermediation of card operators such as Visa or Mastercard. "RoPay differentiates itself from other payment solutions through speed, lower costs, and 24/7 availability," […]
The real estate developer Nusco Imobiliara, which is developing a major real estate project in the northern part of Bucharest in the Pipera neighborhood, estimated to eventually involve nearly EUR 1 billion investments, announced plans to issue bonds in the amount of EUR 5 mln to be further listed at the Bucharest Stock Exchange. The […]