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.
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...
