In September 2021, industrial producer prices rose by 2.7% in both the euro area and the EU, compared with August 2021, according to estimates from Eurostat, the statistical office of the European Union. In August 2021, prices increased by 1.1% in both the euro area and the EU. In September 2021, compared with September 2020, industrial producer prices increased by 16.0% in the euro area and by 16.2% in the EU. Monthly comparison by main industrial grouping and by Member State Industrial producer prices in the euro area in September 2021, compared with August 2021, increased by 7.7% in the energy sector, by 1.0% for intermediate goods, by 0.5% for capital goods, by 0.4% for durable consumer goods and by 0.3% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.6%. In the EU, industrial producer prices increased by 7.8% in the energy sector, by 1.0% for intermediate goods, by 0.6% for capital goods, by 0.5% for durable consumer goods and by 0.3% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.6%. The industrial producer prices increased in all Member States, with the highest monthly increases being registered in Ireland (+23.2%), Denmark (+8.4%) and Greece (+5.8%)and Romania (+4%). Annual comparison by main industrial grouping and by Member State Industrial producer prices in the euro area in September 2021, compared with September 2020, increased by 40.7% in the energy sector, by 15.2% for intermediate goods, by 3.5% for capital goods and for durable consumer goods and by 3.0% for non-durable consumer goods. Prices in total industry excluding energy increased by 8.1%. In the EU, industrial producer prices increased by 40.1% in the energy sector, by 15.7% for intermediate goods, by 4.0% for durable consumer goods, by 3.6% for capital goods and by 3.1% for non-durable consumer goods. Prices in total industry excluding energy increased by 8.3%. The industrial producer prices increased in all Member States, with the highest yearly increases being registered in Ireland (+82.9%), Denmark (+34.4%) and Estonia (+29.9%).
Ireland can be seen as one of the most important business hubs in Europe and the European Union, as many international companies have established regional headquarters there. If you are looking for a country to expand your enterprise, you should definitely consider Ireland for several reasons that are presented below. Location and language The first […]
Cyprus is mostly known as a tourist destination. However, there is also a business side to it, as many investors choose it to open companies because of the favorable taxation system. Apart from its low corporate tax rate, there are a few more reasons why you should choose it if you are looking for a […]
The Romanian Commercial Code provides for various types of entities that can be created by natural persons and companies, local or foreign. Each of them has its own particularities, which can give it various advantages. How do you choose among them? We will review the main types of companies and their pros to help you […]
A new alley named after Romanian diplomat Nicolae Titulescu was inaugurated on Tuesday, December 9, in Paris’s Parc Monceau during a ceremony attended by Romania’s president Nicușor Dan and Paris mayor Anne Hidalgo. “I expressed my appreciation for the decision to name an alley in the beautiful Parc Monceau in Paris after the great Romanian […]
Oxygen Resort, a development located in central Romania’s Harghita county, has inaugurated its first bungalows. The first 18 bungalows are already functional, with another 17 units to be completed in the next stage, bringing the total to 35. The inauguration of the bungalows “marks the transition from a center dedicated predominantly to recreational activities to […]
Romania carried out a new medical evacuation mission for civilians from Gaza on Monday, December 8, transporting eight Palestinian patients and 29 accompanying relatives to Bucharest for treatment, according to the Department for Emergency Situations (DSU). The patients were evacuated aboard a Romanian Air Force C-130 Hercules aircraft after lacking access to adequate medical care. […]
