- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 7.4% for the unadjusted series and by 8.2% for the seasonally adjusted series; - In the period 1.I-30.IX 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.2% for the unadjusted series and by 6.9% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product did not changed as a result of the revision of the estimates for Q3 2021, as compared to the provisional (1) version, published in the Press release no. 311 of December 7, 2021. The National Institute of Statistics (INS) maintained at 0.4% the estimate for the growth of the Romanian economy in Q3, 2021, compared to Q2, but there were changes in the contribution of investment and consumption to the advance of GDP.Thus, compared to the figures published by INS in December last year, the final consumption expenditure of households had a contribution of 5.4% to GDP growth, from + 5.6% previously, due to the decrease of its volume from 9.3% to 9%. The final consumption expenditure of public administration had a negative contribution of -0.3%, due to the decrease in its volume from 0.3% to minus 1.6% while the gross fixed capital formation also had a contribution down to -0.5%, from -0.1%, as a result of the reduction of its volume from minus 0.4% to minus 1.7%.Compared to the same quarter of 2020, the Gross Domestic Product increased by 7.4% as raw series and by 8.2% as seasonally adjusted series.At nine months, the gross domestic product was 818.951 billion lei current prices, up, in real terms, by 7.2% compared to the same period in 2020.In Q3, the volume of the gross value added registered more important changes in the following fields: information technology and communications (+0.3 percentage points), from 113.9% to 114.2%; constructions (-0.2 percentage points), from 93.9% to 93.7%; financial intermediation and insurance (-0.2 percentage points), from 99.7% to 99.5%; real estate transactions (-0.2 percentage points), from 102.1% to 101.9%.
A lynx that had fallen into a well near Romania's Parângul Mare peak was rescued by mountain rescuers from Gorj County, who descended approximately 15 meters to retrieve the animal. After sedating the animal, the rescuers descended into the well, immobilized it, and brought it to the surface. The lynx was unharmed and was subsequently […]
The Romanian Gymnastics Federation announced on Wednesday, January 8, that athletes Ana Maria Bărbosu and Lilia Cosman will continue their studies in the United States. Bărbosu, 18, has been admitted to Stanford University, while Lilia Cosman, 17, will attend Michigan State University. Federation officials discussed the gymnasts’ training schedules and objectives with representatives from the […]
Authorities in Arad, western Romania, apprehended the first two migrants attempting to leave the country illegally after Romania’s full accession to the Schengen Area. The individuals, citizens of Sri Lanka and Bangladesh, were found traveling on a bus heading to Germany. The two were uncovered after a random inspection by border police officers from the […]
Low-cost carrier Wizz Air said it would resume flights to Tel Aviv from Bucharest and Iași. Tickets can already be booked online via the airline’s website and app. Flights from Bucharest to Tel Aviv will be resumed on January 15, and from Iași starting March 25, the company announced. From Bucharest, flights will be operated […]
Starting in February, Dr. Beatrice Mahler, Associate Professor, will teach the first optional course on Narrative Medicine and Clinical Doctor-Patient Communication at the Carol Davila University of Medicine and Pharmacy in Bucharest, Agerpres reported. The course aims to rebuild trust between patients and...
Romania’s ailing state airline Tarom was recently ranked among the worst in the world by AirHelp, a company that specializes in obtaining compensation from airlines. The ranking, however, does not provide a complete methodology and includes a low number of airlines. Tarom appears along airlines such as Tunisair (Tunisia), Buzz (Poland), Nouvelair (Tunisia), Bulgaria Air […]
