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).
Impact Hub Bucharest, in partnership with EIT Food, has opened the applications for Empowering Women in Agrifood (EWA), an EIT Food acceleration program dedicated to female entrepreneurs and their projects in the agri-food sector. Ten female entrepreneurs from the agri-food sector will benefit from mentoring, training sessions and ongoing support, access to an international community […]
The United States Embassy in Bucharest has announced an update to visa requirements for Romanian citizens wishing to travel to the US, following president Donald Trump's decision to suspend Romania's entry into the Visa Waiver Program. According to the announcement, starting April 7, 2025, all temporary visa applicants must present a printed copy of the […]
Real estate developer Speedwell Development has appointed Yannick Van de Parre as country manager for Romania. In this new role, he will support the co-founders Jan Demeyere and Didier Balcaen with the executive management of Speedwell Romania, “ensuring operational efficiency across all projects and leading the local team as the company continues its growth in […]
Digital Nation and the Ministry of Education and Research have partnered for the implementation of Saro, an AI-based solution, in schools and universities across Romania. The solution will allow students, pupils, and teachers access to an AI-powered assistant designed to address challenges such as school dropout, excessive bureaucracy, declining motivation, the need for personalized learning, […]
The town of Borșa, in northern Romania, is in discussions with the North-West Regional Development Agency to obtain at least EUR 50 million to connect its Olympic ski slope with the old slope in the Runcu Știol area and the one in Prislop Pass, resulting in approximately 25 kilometers of interconnected ski slopes. The funds […]
Britain imposed sanctions on April 2 on pro-Kremlin network Evrazia, a Russian non-profit organization used by fugitive oligarch Ilan Shor to bribe Moldovan citizens in the 2024 EU referendum, according to newsMaker. The pro-Kremlin network is accused of rigging Moldovan elections and destabilizing Moldovan democracy. ...
