Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. INFLATION AND THE EVOLUTION OF CONSUMER PRICES: DECEMBER...

INFLATION AND THE EVOLUTION OF CONSUMER PRICES: DECEMBER 2021

February 10, 2022

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.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/inflation-and-the-evolution-of-consumer-prices-december-2021/95812
Read in full - click here
Romanian film “Catane” to have first screenings in the country after international festival run

“Catane,” a dark comedy inspired by real events and directed by Ioana Mischie, is set to have its first special screenings in Romania after a successful festival circuit.  The film had its world premiere at the IFFI Goa festival in India and was nominated this year at the Hollywood Music in Media Awards for Best […]

Water reserves in Romania decreasing at alarming rates, report shows

Romania is among the European countries where water reserves are decreasing at an alarming rate, according to an analysis carried out by researchers from University College London in collaboration with The Guardian and Watershed Investigations.  Scientists analyzed data from the period 2002–2024 provided by satellites that monitor changes in the Earth's...

British teenager goes missing while hiking in Romania

George Smyth, 18, went missing on a hike near Romania’s famous Bran Castle more than a week ago. On November 23, the British citizen started to suffer from hypothermia and exhaustion and called the emergency services.  Trying to locate him, mountain rescue services conducted searches over the next few days but were only able to […]

Water crisis in Romania's Prahova, Dâmbovița counties impacts over 100,000 people

Over 107,000 people in Prahova and Dâmbovița counties, in southern Romania, have been without drinking water since Friday, November 28, due to problems at the Paltinu Dam. According to local authorities, the problems are set to persist until next week. The dam registered a drop in water levels, leading to problems in the water distribution system. […]

Reduced noise and lights planned for inclusive ‘Silent Day’ at Bucharest Christmas Market

A special ‘Silent Day’ event will be held at the Bucharest Christmas Market in Constituției Square on Wednesday, December 3, aimed at creating a quieter and more accessible environment for children with sensory disabilities. The initiative is designed to make the festive market manageable for children who may struggle with loud noise, bright lights, and […]

Eurostat: Romanians have the highest level of trust in others in the European Union

Romanians have the highest level of trust in others in the European Union, according to the most recent Eurostat data for the year 2024, ahead of the usual leader of the ranking, Finland.  The indicator ‘trust in others’ measures a person’s trust in people they do not know on a scale from 0 (‘I...