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%).
Pulitzer Prize winner Junot Díaz, Tracy Chevalier, the author of the international best seller Girl with a Pearl Earring, and French author Michel Bussi, known for his widely translated thriller novels, are among the authors set to attend this year’s Iași International Literature and Translation Festival (FILIT), the largest literary festival in the country. They […]
Bucharest is about to welcome a culinary moment like no other. This September, the JW Marriott Bucharest Grand Hotel will host Michelin-starred Chef Theodor Falser - a name synonymous with nature-inspired haute cuisine - for three exclusive evenings that promise to delight the senses and tell stories through food. The Chef Who Cooks Nature Theodor […]
The International Monetary Fund (IMF) has endorsed Romania’s latest fiscal measures, forecasting that the economy will grow by 1% in 2025 and 1.4% in 2026, the government said Friday, September 12, after talks with a visiting IMF delegation. The delegation, led by Joong Shik Kang, met prime minister Ilie Bolojan in Bucharest to discuss the […]
The George Ciprian Theater in Buzău has unveiled “E-Waste E-Motion,” the first performance in Romania in which all characters are played by small autonomous robots, blending art, technology, and sustainability in an experimental theatrical project. “E-Waste E-Motion” is part of a broader artistic research initiative supported by the National University of Theatre and Film (UNATC) […]
With extensive experience in the luxury hospitality sector, gained as General Manager of Sofitel Legend The Grand Amsterdam and Hotel Okura Amsterdam (LHW), as well as in various Director of Operations and Business Development roles, Ms. Emmy Stoel is a seasoned professional whose career reflects a deep passion for excellence in guest service, having successfully […]
Update: The woman made her first statements on Friday afternoon after being questioned. According to Digi24, she told journalists outside a police station in Bucharest that the items were family heirlooms from the Soviet era, and that she...
