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%).
Romania’s modern retail market has surpassed 5 million square metres of leasable space for the first time, following the delivery of roughly 190,000 sqm in 2025, according to new data released by Colliers. Despite the milestone, consultants noted that Romania still trails regional peers in retail space per capita, signalling strong potential for further development. […]
Environment minister Diana Buzoianu said during an interview on Thursday, December 4, that she will not resign following the interruption of the drinking water supply in several localities in Prahova and Dâmboviţa counties, which has been affecting over 100,000 people, as well as hospitals and schools. She argued that the ministry she heads bears no […]
Romanians are preparing to spend more this Christmas compared with last year, according to a new Raiffeisen Bank study conducted in partnership with research platform Appinio. The survey showed that 65% of respondents expect higher holiday expenses in 2025, while 26% anticipate spending similar amounts to 2024. Half of those surveyed allocate between 25% and […]
Romania’s Electric Castle was named ‘International Festival of the Year’ at the 20th edition of the UK Festival Awards. The Romanian event triumphed over major international contenders, including Afro Nation (Portugal), Beyond The Valley (Australia), Open’er Festival (Poland), Sziget Festival (Hungary), and Way Out West (Sweden),
President Nicuşor Dan, on December 4, returned to Parliament amendments tightening Romania’s law against extremism, arguing that several provisions are vague and risk enabling abuses, according to a statement released by the Presidency. The Constitutional Court had previously upheld the amendments after the Presidency challenged them, prompting criticism from organisations within the Jewish community. By […]
Fitch Ratings on December 4 affirmed the long-term Issuer Default Rating (IDR) for Romania's largest lender, Banca Transilvania (BVB: TlV), at BBB- with a negative outlook, in line with the country's sovereign rating. The price of the bank's shares rose 1.2% on the day the rating agency announced its decision, bringing the bank's market capitalisation […]
