fuels

Instant Factoring, the Romanian fintech specializing in microfinancing for small and medium companies, launches a sector study on the challenges faced by the post-pandemic wholesale & distribution industry and shows the effects of the…

The annual inflation rate dropped to 14.96% in July this year, from 15.1% in the previous month, according to data published on Thursday by the National Institute of Statistics (INS). Oil with 52% and potatoes with 41% are at the top of the…

The volume of retail trade turnover, except for trade with vehicles and motorcycles, grew in the first five months of 2019 against January 1-May 31, 2018, as gross series and adjusted series by number of working days and seasonality by 7.2%…

The price of duty-free fuels in Romania has again increased above the EU average, although in the last months of 2018 it was below, the European Commission's Oil Bulletin informs. Thus, in Romania, petrol currently costs, without the…

Euro area annual inflation was 1.4% in December 2017, down from 1.5% in November. In December 2016, the rate was 1.1%. European Union annual inflation was 1.7% in December 2017, down from 1.8% in November. A year earlier the rate was 1.2%.…

Consumer prices continued to increase in October, leading to an annual inflation rate of 2.6%, up from 1.8% in September, given the price increases for foodstuff by 3.52% and non-food goods by 3.26%, the National Statistics Institute (INS)…

The over-excise duty on fuels will lead to chain reactions of price hikes, the Chairman of the Fiscal Council, Ionut Dumitru, warned, digi24.ro informs. Dumitru contradicted the government’s optimism that the price of fuel will not…

The increase of the excise duty for fuels could boost the inflation rate by about 0.4 percentage points and could bring along the risk of further increases of tariffs for electric power, Romanian Commercial Bank (BCR) Chief Economist Horia…

The fuels in Romania have become overnight the cheapest in Europe. According to Weekly Oil Bulletin on January 16, issued by the European Commission, the diesel fuel in Romania is on average EUR 1.046 per litre, the second cheapest price in…

The annual inflation rate in the European Union and in the eurozone climbed to 0.4% in September, up from 0.3 and 0.2% in previous months, Eurostat informs. The countries which registered the highest yearly inflation rate in September…