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).
Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]
The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]
A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said. The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]
Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest. The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]
Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]
Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to
