In May 2022, industrial producer prices rose by 0.7% in the euro area and by 0.8% in the EU, compared with April 2022, according to estimates from Eurostat, the statistical office of the European Union. In April 2022, prices increased by 1.2% in the euro area and by 1.3% in the EU. In May 2022, compared with May 2021, industrial producer prices increased by 36.3% in the euro area and by 36.4% in the EU. Monthly comparison by main industrial grouping and by Member State Industrial producer prices in the euro area in May 2022, compared with April 2022, increased by 1.7% for intermediate goods, by 1.3% for non-durable consumer goods, by 0.9% for durable consumer goods and by 0.6% for capital goods, while they decreased by 0.2% in the energy sector. Prices in total industry excluding energy increased by 1.3%. In the EU, industrial producer prices increased by 1.7% for intermediate goods, by 1.4% for non-durable consumer goods, by 0.8% for durable consumer goods, by 0.6% for capital goods and by 0.1% in the energy sector. Prices in total industry excluding energy increased by 1.4%. Among Member States for which data are available, the highest monthly increases in industrial producer prices were recorded in Finland (+5.5%), Estonia (+5.4%) and Lithuania (+4.9%). Decreases were observed in Ireland (-19.4%), Slovakia (-4.4%), the Netherlands (-0.8%), Bulgaria and France (-0.1% both). Annual comparison by main industrial grouping and by Member State Industrial producer prices in the euro area in May 2022, compared with May 2021, increased by 94.4% in the energy sector, by 25.0% for intermediate goods, by 12.3% for non-durable consumer goods, by 9.1% for durable consumer goods and by 7.5% for capital goods. Prices in total industry excluding energy increased by 16.0%. In the EU, industrial producer prices increased by 92.9% in the energy sector, by 25.4% for intermediate goods, by 13.2% for non-durable consumer goods, by 9.7% for durable consumer goods and by 7.8% for capital goods. Prices in total industry excluding energy increased by 16.7%. Among Member States for which data are available, the industrial producer prices increased in all Member States, with the highest yearly increases being registered in Denmark (+59.8%), Romania (+59.2%) and Estonia (+53.1%).
From music festivals to cultural happenings and outdoor activities, here are some of the events scheduled to take place in the capital this summer. Tom Jones concert June 26 After a sold-out concert two years ago, Tom Jones returns to Bucharest with an event that is part of the Defy Explanation tour. It will be […]
The "Vară Magică" (Magical Summer) International Festival returns to the Romanian Athenaeum in Bucharest with eight evenings of classical music, taking place from July 2 to August 13 every Wednesday. Now in its 14th edition, the festival continues its artistic direction in 2025 with the theme "Masters and Masterpieces," meant to signal a musical journey […]
The Romanian Chamber of Deputies adopted a draft law establishing the year 2026 as the "Constantin Brâncuși Year” to celebrate the famous sculptor. The law, initiated by former culture minister and Social Democratic deputy Natalia Intotero, passed with a large majority, with 275 votes in favor and one vote against. Next year also marks the […]
Romanian president Nicușor Dan met with UK prime minister Keir Starmer on Wednesday morning, June 25, on the sidelines of the NATO summit in The Hague. The meeting brought together Romania’s full official delegation, including presidential security advisor Cristian Diaconescu, newly appointed foreign minister Oana Țoiu, defence minister Ionuț Moșteanu, and Romania’s permanent representative to […]
EUROPAfest 2025 will bring a special jazz experience to Bucharest this summer, transforming the Royal Palace into a stage for international artists between July 4 and 13. The festival opens with a series of concerts that highlight jazz traditions from around the world, with a particular focus on artists from Japan and Norway. The Opening […]
The publicly-traded Romanian real estate company Meta Estate Trust, ticker MET, announced a new investment worth EUR 1.52 million in four villas within the Radisson Blu Grand Mountain Resort Brașov, the first 5-star mountain villa resort in Romania. The premium resort is currently under development, and the four villas representing Meta Estate Trust’s investment are […]
