price hikes

Postal services, water, sewage and sanitation services and detergents are among the most expensive services recorded in January 2024, compared to the same month of the previous year, according to data published on Wednesday by the National…

The inflation rate remains high, at 14.5% as announced today by the National Institute of Statistics (INS). Potatoes, milk and meat are among the most expensive food products. And the price of sugar went up a spectacular 61%%. Energy, gas…

Romanians have adapted their financial behaviors in the context of the accelerated increase in inflation, prices and utility bills in recent months, according to the study "Money Matters" 2022, carried out by Erste Group. The research…

The Romanian state will cash over 43 billion RON this year from taxes and dividends paid by the energy sector, as a result of the price hikes, president of Romania's Energy Suppliers Association (AFEER) Laurentiu Urluescu told a press…

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…

Inflation reached 15.1% in June, the National Institute of Statistics announced, a figure above the National Bank of Romania, NBR's spring forecast. The National Bank then estimated a maximum of 14.3% for this period. Thus, the annual…

President Klaus Iohannis said on Thursday that Vladimir Putin was "guilty" of the current economic crisis, which has led to inflation and rising prices around the world after the start of the war in Ukraine. "Inflation is just a factor…

The price hikes worry Romanians the most, according to an opinion poll conducted by IRES in March. Fear of war comes second in the Romanians' concern ranking. 38% of respondents indicated that they are currently most concerned about…

The Competition Council has kicked off an inquiry into the fuel price hikes, saying it is monitoring the fuel market and arguing that prices has increased too much unreasonably. The Council argued in a press release that the anticipation…

Amid panic at oil stations in Romania on Wednesday evening, with Romanians taking them by storm to refuel after information on sudden exaggerated price hikes, the Romanian Minister of Energy, Virgil Popescu assured that increase in fuel…