expenditure

Romania is witnessing an upsurge in healthcare spending, with projections indicating a 37.68% increase, escalating the total healthcare expenditure by $7.5 billion and reaching $27.3 billion by 2028. This surge is mainly mirrored in…

The Household income and expenditure report released by the National Institute of Statistics (INS) today revealed that most Romanians are going through a cost-of-living crisis that has impoverished them compared to last year. And in the…

New research has revealed the top 10 countries with the shortest life expectancy in the world and Romania features in 2nd place with an average life expectancy of 76.5 years. Health experts at NiceRx have revealed the US states and…

Romanians are braking the consumption, says a recent IRSOP survey conducted during January 18-18, 2021. Only 31% of them spent more last year as against previous years, 47% of them spent the same and 22% spent less. In 2021, 41% of the…

Romanians spend twice as much on food and non-alcoholic beverages than the European average, according to a latest Eurostat survey In 2019, households in the EU spent over €956 billion (equivalent to 6.8% of EU GDP) on 'food and…

In Romania the budget allotted to the Christmas shopping is around EUR 250, as against the EUR 460 at European level, says a survey conducted by Reveal Marketing Research during December 6-15, 2019. The study surveyed residents in the…

Romania is among the EU states where the population spent the most on communications, a recent Eurostat survey says. In Romania, communication spending increased the most among all EU member states. In 2018, households in the European…

Romania's draft 2019 budget targets a reduction in the budget deficit, but is based on optimistic assumptions and fails to clarify uncertainty over the new bank tax, Fitch Ratings says The budget published by the Ministry of Public…

Between 2007 and 2017, the share of alcoholic beverages in total household expenditure remained roughly stable in the vast majority of Member States. The highest increases over this 10-year period were recorded in Romania (from 2.3% of…

Romania ranks second in the top of the EU countries where people spend the lowest sums of money for a holiday stay (less over EUR 124/person). Latvia ranks at the bottom of the top, with just EUR 107/person allotted for vacations, reads …