Postal services, medicines and detergents are in the list of price increases recorded in July 2024, compared to the same month of the previous year, according to data published on Monday by the National Institute of Statistics (INS).Thus, the price of postal services rose last month by 26.59%, compared to July 2023, that of medicines by 24.02%, and that of detergents by 20.65%.As for food products, they became more expensive, on average, by 1.71% compared to July 2023. The biggest price increases were recorded for canned fruit (9.72%), other food products (8%) and wine (7.82%).Depreciations were recorded in flour (-30.5%), milling products (-28.55%) and corn flour (-25.96%).Compared to June 2024, the prices of citrus fruits and other southern fruits (1.84%), flour (1.28%) and milling products (0.89%) increased the most. On the other hand, potatoes were cheaper by 4.54% in July 2024 compared to the previous month, fresh fruit by 3.66% and fruit and canned fruit by 0.96%.In the chapter of non-food goods, in July 2024, compared to July 2023, medicines increased in price the most, by 24.02%, detergents, by 20.65%, and medical articles by 19.75%. Instead, gas became cheaper by 9.39%, electricity cost 1.97% less, and thermal energy recorded a price drop of 0.9%.Compared to the previous month, in July 2024, fuels cost more by 2.94%, electricity recorded an increase of 1.12%, and gas was more expensive by 1.08%. According to the INS, in this category there was a decrease of 0.04% in leather footwear.Regarding services, in the last year the rates for postal services increased the most by 26.59%, air transport services (15.65%) and water, sewer, sanitation 15.62%. No discounts were recorded.In July 2024, compared to the previous month, price increases were recorded for air transport services (17.56%), water, sewer, sanitation (2.01%) and other industrial services (1.34%). Decreases were recorded in telephone services, by 0.1%.The annual inflation rate rose, in July 2024, to 5.42%, from 4.94% in June, in the conditions in which food products rose in price by 1.71%, non-food products by 6.92%, and services by 8.52%, according to the data published on Monday by the National Institute of Statistics.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
