In December 2024, compared with November 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, industrial producer prices grew by 1.7% in both the euro area and the EU. In December 2024, compared with December 2023, industrial producer prices remained stable in the euro area and increased by 0.1% in the EU. The annual average of industrial producer prices for the year 2024, compared with 2023, decreased by 4.2% in the euro area and by 4.0% in the EU. Monthly comparison by main industrial grouping and by Member State In the euro area in December 2024, compared with November 2024, industrial producer prices increased by 0.1% for intermediate goods, increased by 1.4% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods. Prices in total industry excluding energy remained stable. In the EU, industrial producer prices remained stable for intermediate goods, increased by 1.3% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods. Prices in total industry excluding energy remained stable. The highest monthly increases in industrial producer prices were recorded in Bulgaria (+5.1%), Croatia (+2.4%) and Slovakia (+1.5%). The largest decreases were observed in Ireland (-1.5%), Romania (-1.3%) and the Netherlands (-0.4%). Annual comparison by main industrial grouping and by Member State In the euro area in December 2024, compared with December 2023, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.7% for energy, increased by 1.4% for capital goods, increased by 0.8% for durable consumer goods, increased by 2.0% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.9%. In the EU, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.4% for energy, increased by 1.6% for capital goods, increased by 0.8% for durable consumer goods, increased by 1.9% for non-durable consumer goods. Prices in total industry excluding energy increased by 1.0%. The highest annual increases in industrial producer prices were recorded in Ireland (+11.1%), Bulgaria (+6.6%) and Denmark (+4.7%). The largest decreases were observed in Slovakia (-17.0%), Luxembourg (-4.2%) and France (-3.8%).
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
