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
Romanians abroad give the start to decisive presidential vote

Romanians living abroad are the first to cast their ballots in the second round of the 2025 presidential election, with voting officially starting on Thursday, May 15, at 22:00 Romanian time, when the polling station in Auckland, New Zealand, opens its doors, the electoral authority

Central Romania: Fortified church in Apold opens for program of live music, exhibitions, guided tours

The Fortified Church of Apold, in central Romania’s Mureş county, will open on May 17 for a performative evening that is meant to transform the historical site into a lively space, CasApold Association, the organizers of the event, announced. The program of the evening includes community interventions, live music, candlelight tours, art installations and the […]

Weekend calendar: Night of Museums, Cinepolitica, Romanian Design Week, Romanian Creative Week, Festival of Pirates, and more

The weekend of the presidential elections run-off brings film and design festivals, the crowd-pleaser Night of Museums, and a Festival of Pirates in the Danube Delta.

ParentEd: While Romanians argue about politics on social media and TV, children absorb all the chaos

Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]

Transilvania International Film Festival spotlights Estonian cinema at upcoming edition

Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]

Vola owner announces integration of LOT Polish Airlines flights in Romania, Poland

The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]