Natural gas and cooking oil suffered the highest price increases in the past year, while the only reduction was noted in air transport services, according to data of the National Institute for Statistics (INS) published on Monday.In the November 2020 - November 2021 interval, the prices for natural gas have increased by 49.42 pct, cooking oil - 28.17 pct and fuels - 25.55 pct.In what regards food, in the past year the highest price increase was noted in cooking oil - 28.17 and potatoes - 22.55 pct, with no price decreases recorded.On the other hand, since the beginning of this year, the price of cooking oil increased by 25.47 pct and potatoes by 19.61 pct, without price decreases recorded.In the non-food items category, the past year saw the highest price increases in natural gas - 49.42 pct and fuels - 25.55 pct, without price decreases recorded.Electrical energy saw price increases in November compared to the same month of last year and the start of the year by 8.14 pct, and compared to the previous month, the price decreased by 12.2 pct.In the case of services, the highest increases were noted in other services (plus 7.01 pct), water, sewerage, sanitation (6.88 pct) and postal services (5.53 pct). Air transport services were cheaper by 0.94 pct.Since the beginning of the current year, the highest increases in prices were recorded in water, sewerage, sanitation (7.09 pct), other service (7.02 pct) and postal services (5.53 pct). Air transport services were cheaper by 21.85 pct.The annual rate of inflation dropped to 7.8 pct for November 2021, from 7.9 pct in October, given that non-food items recorded price increases of 10.49 pct, food items - 6.10 pct, and services - 4.09, according to data published on Monday by the National Institute for Statistics (INS).
The Feldioara Uranium Concentrate Processing Plant (FPCU), owned by the state-owned company Nuclearelectrica, the operator of the Cernavoda nuclear power plant, will deliver nuclear fuel in the form of uranium dioxide (UO2) to Argentina, a first for the Romanian nuclear industry. The Uranium Concentrate Processing Factory (FPCU) Feldioara, a subsidiary of Nuclearelectrica (BSE: SNN), won […]
Romania’s isolationist Alliance for the Union of Romanians (AUR) has consolidated its leading position with 40% of voting intentions, according to an INSCOP Research poll conducted between October 6 and 10. The party’s support remains more than double that of the second-placed Social Democratic Party (PSD), which registered 17.6%. The governing coalition parties - PSD […]
Romania's Social Democratic Party (PSD), the largest in the ruling coalition, will hold its congress and implicitly elect a new president on November 7, announced the party's interim head, Sorin Grindeanu, who is at this moment the sole candidate for a full term, according to Ziarul Financiar. ...
The minister of investments and European projects, Dragoș Pîslaru, stated on October 13 that the milestone 215 in the National Recovery and Resilience Plan (PNRR) regarding special pensions has not been met and, therefore, the EUR 231 million funds have been suspended. He thus contradicted the Supreme Council of Magistracy (CSM) and defended prime minister […]
Recycllux is tackling marine plastic pollution with a platform connecting companies seeking to offset their plastic footprint with the local cleanup capacity. From the more than 400 million tonnes of plastic that are produced yearly worldwide, more than 10 million tonnes end up in lakes, rivers, and seas annually, UN data shows. As awareness of […]
The deficit of Romania’s trade in goods has contracted by 10% y/y to EUR 2.6 billion in August, marking the fourth consecutive month of negative annual dynamics. The deficit in 12 months to August eased to EUR 34.4 billion, down from EUR 35.7 billion calculated in 12 months to April. The trade deficit to GDP […]
