1. The Consumer Price Index (CPI) – indicator for determining inflation at national level - Consumer prices were up 0.7% in December 2021 from November 2021. - The annual inflation rate in December 2021 compared to December 2020 is 8.2%. - The average consumer price rate over the last 12 months (January 2021-December 2021) as compared to the previous 12 months (January 2020-December 2020) is 5.1%. 2. The Harmonised Index of Consumer Prices (HICP) – indicator for determining inflation at the level of EU Member States - The Harmonised Index of Consumer Prices in December 2021 compared to November 2021 is 100.51%. - The HICP-based annual inflation rate in December 2021 compared to December 2020 is 6.7%. - The HICP-based average consumer price rate over the last 12 months (January 2021-December 2021) as compared to the previous 12 months (January 2020-December 2020) is 4.1%. Out of the food products, the ones that increased the price the most were: eatable oil by 27.17% in December 2021 over December 2020 (and by 1.36% against November 2021), oil, bacon, fats, by 24.82% in December 2021 against December 2020 (and by 1.34% against November 2021) as well as potatoes by 24.89% in December 2021 against December 2020, and by 4.42% against November 2021. For this category, the only products which got cheaper were citrus fruits and Mediterranean fruit which got cheaper by 3.1% in December 2021 against November 2021. Similarly, for non-food products, most expensive have become natural gas by 51.57% in December 2021 against December 2020 and by 1.44% against November 2021. Electricity, gas and central heating got more expensive by 28.10% in December 2021 against December 2020 and by 3.91% against November 2021. Fuel got more expensive by 22.45% in December 2021 against December 2020 and got cheaper by 0, 78% against November 2021. As for services, in December 2021 against December 2020 postal services got most expensive by 22.5% and by 16.08% against November 2021. Air transport got cheaper by 6.38% in December 2021 against December 2020 but it got more expensive by 19.79% against November 2021.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
