Consumption, the main destination of household expenditures, accounted for an average of 61.1% of total household expenditures last year, amounting to 2,979.3 lei per month per household, according to data centralised by the National Institute of Statistics (INS).The monetary expenses for the purchase of food products (including the expenses in the public catering units), non-food expenses and for the payment of the services were of 2,745.8 lei per month (56.3% of the total expenses).The other part of consumption expenditures, the value of human consumption from own resources (those food and non-food products from own resources that are consumed by household members) was equal to 233.5 lei per household and represented 4.8% of total expenditures.Expenditures for household production in 2021 accounted for 1.9% of total expenditures, of which 0.4% went to cash expenditures, and 1.5% to the equivalent value of productive consumption from own resources (fodder, seeds, etc.) used for household production. The latter amounted to, on average, 72.4 lei per month per household.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
