AcasăEurope NewsRomanians' utilities bills increased from 77% in 2010 to 124% in 2021

Romanians’ utilities bills increased from 77% in 2010 to 124% in 2021

Published on

Romanians’ utilities bills increased from 77% in 2010 to 124% in 2021, this increase being the highest in the European Union, according to an infographic by the Social Monitor, a project of the Friedrich-Ebert-Stiftung Romania, Agerpres reads.

„With the reference term for utilities’ prices from 2015, Romanian utility bills have increased from 77% in 2010 to 124% in 2021. This increase is by far the highest in the European Union. The EU-27 average for price increases for utilities was from 89% of the reference price in 2010 to 110% of the reference price in 2021. The cumulative price increase of household energy bills from 2010 to 2021 is 61%, by far the highest in the European Union,” the infographic shows.

According to the source, in addition to the highest total price increase, Romania constantly recorded among the highest annual increases in invoices. In each of the years 2011, 2013, 2018 and 2021, the bills increased by at least 8%, the highest rate of price increase in the European Union.

In contrast, the inflation reported to the consumer price index (CPI) between 2010 and 2021 was significantly lower. The CPI dynamic was from 88% of the reference price in 2010 to 115% of the reference price in 2021. At this chapter, too Romania had among the highest price increases, after Hungary.

„The increase in utilities prices in Romania far exceeded the general inflation rate, which means that Romanians pay more for all current expenses, but the highest price increase was recorded for bills for household utilities,” the infographic also says.

Agerpres

Latest articles

Over 74,400 companies deregistered nationally in first 11 months of 2024

A number of 74,409 companies were deregistered at national level in the first 11...

National Bank’s forex reserves increase to 62.135 billion euros in December

The foreign exchange reserves of the National Bank of Romania (BNR) totaled 62.135 billion...

Tesla sets new sales record in Chinese mainland in 2024

Tesla China announced on Friday that its electric vehicle (EV) sales in the Chinese...

Approximately 86,700 people cross Romania’s external border in the last 24 hours

Approximately 86,700 people, Romanian and foreign citizens, and over 17,900 means of transport crossed...

More like this

Over 74,400 companies deregistered nationally in first 11 months of 2024

A number of 74,409 companies were deregistered at national level in the first 11...

National Bank’s forex reserves increase to 62.135 billion euros in December

The foreign exchange reserves of the National Bank of Romania (BNR) totaled 62.135 billion...

Tesla sets new sales record in Chinese mainland in 2024

Tesla China announced on Friday that its electric vehicle (EV) sales in the Chinese...