1. The Consumer Price Index (CPI) – indicator for determining inflation at national level - Consumer prices were up 1.3% in November 2022 from October 2022. - The inflation rate since the beginning of the year (November 2022 compared to December 2021) is 15.9%. -The annual inflation rate in November 2022 compared to November 2021 is 16.8%. - The average rate of change in consumer prices over the last 12 months (December 2021-November 2022) as compared to the previous 12 months (December 2020-November 2021) is 13.1%. 2. The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation across the EU - The Harmonised Index of Consumer Prices in November 2022 compared to October 2022 is 101.24%. -The HICP-based annual inflation rate in November 2022 compared to November 2021 is 14.6%. - The HICP-based average rate of change in consumer prices over the last 12 months (December 2021-November 2022) as compared to the previous 12 months (December 2020-November 2021) is 11.4%. The annual inflation rate rose to 16.8% in November 2022, from 15.32% in October, due to the increase in the price of food products by 21.55%, non-food products by 16.17% and services by 9.51%, according to the data of the National Institute of Statistics, published on Tuesday.In November, consumer prices increased by 1.3% compared to the previous month, given that food products were more expensive by 1.54%, non-food products by 1.03% and services by 1.31%.The inflation rate since the beginning of the year (November 2022 compared to December 2021) is 15.9%, and the average rate of change in consumer prices in the last 12 months (December 2021 - November 2022) compared to the previous 12 months (December 2020 - November 2021) ) is 13.1%.The National Bank of Romania (BNR) increased the inflation forecast for the end of this year to 16.3% and estimates an inflation of 11.2% for the end of next year, according to the data presented in November by the BNR governor, Mugur Isarescu.
Nout, the French jazz trio composed of Delphine Joussein (flute and pedal loops), Rafaëlle Rinaudo (electric harp), and Blanche Lafuente (drums), will deliver two concerts in Romania this week, ending the 2023 season of Jazz Fan Rising. The concert in Bucharest takes place at the French Institute on December 5, while the Cluj-Napoca one on […]
Dreamstime, the world's largest stock photo community, recently launched its newest app, Dreamstime Wallpapers, a fantastic collection of wallpapers featuring handpicked and customized premium stock images to enliven mobile screens. The app is now available for Android and will soon launch for IOS. The Dreamstime Wallpapers...
Art Safari brings the festive season joy to the Dacia-România Palace in downtown Bucharest during its Christmas edition this month. Organised in partnership with the Romanian Cultural Institute, the event awaits visitors from December 6 to 22 with a program of exhibitions, puppet and theatre shows, carol concerts, and creative workshops for children. A highlight […]
The Nutcracker and I, a multimedia performance for piano solo created by pianist Alexandra Dariescu, is performed in Bucharest on December 19. Dariescu created and produced the show, described as The Nutcracker for the 21st century, "out of a personal responsibility to reach out to younger audiences and build bridges for those perhaps new to classical […]
Diviodent, one of the leading suppliers of professional solutions for dental offices and dental care in Romania, announces an exclusive partnership with Promis, a recently launched Italian brand of oral hygiene products. Diviodent expands its portfolio with a unique range of oral hygiene products containing 99% natural, vegan ingredients, organic essential oils, and 100% recyclable […]
Răzvan Nedu, Adriana Tofan, and Liviu Matei, three Romanian athletes with disabilities, reached the peak of Mount Kilimanjaro (5,895 m) on December 1 - Romania's National Day. The performance athletes, two with severe visual impairments and one with a physical disability, have thus shown that nothing is impossible when you train seriously and believe in […]