Romanian managers are estimating for the next three months a sharp increase in prices in the processing industry, construction and retail, according to the data published by the National Institute of Statistics (INS) on Tuesday.During the economic conjuncture analysis of June 2022, managers from the processing industry project a moderate increase in production volume for the next three months (+9% conjunctural balance). Beverage manufacturing will register the largest increase (+32% conjunctural balance). Regarding the number of employees, a relative stability is estimated, the conjunctural balance being +4% per the entire processing industry. For industrial products there is a sharp increase expected in the next three months (+40%).According to the estimates of July 2022, the construction industry will register an increase in production volume for the next three months (+19% cyclical variation). Managers estimate a moderate increase in number of employees (+6%). Managers also expect a sharp increase in the price of construction works (+57%).In the retail sector managers have estimated an upward trend of economic activity the next three months (+19%). The volume of orders for cargo suppliers by commercial units will also register an increase (+20%). Employers project an increase in employees in the next three months (+20% conjunctural balance). Managers of commercial companies also estimate an increase in retail prices (+68% conjunctural balance).According to the estimates of June 2022, demand for services (turnover) will see a moderate increase in the following three months (+8%). A relative stability is estimated for the number of employees (+4%). According to the managers' opinion, sale prices or billing of services will have an upward trend (+32%).The institution also mentions that the cyclical variation indicates the managers' perception on the dynamics of a phenomena which must not be confused with the growth or decline rate of any statistic indicator produced by INS. The percentage conjunctural balance is obtained as a difference between the managers' percentage who chose the positive variant of the phenomenon and the percentage that indicated the negative variant.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
