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%).
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
