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IMF Cuts Romania's 2022 GDP Growth Forecast To 2.2%
The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the Ap...
Banca Transilvania Sees Romania’s Economy Growing 3.5% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised the country’s economic growth forecast to 3.5% in 2022, from a previous projection of 5.1%, and the gross domestic product...
CFA Analysts See Leu At 5.08 Units Vs Euro, Annual Inflation At 6.06% In Next 12 Months
Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a...
Banca Transilvania Sees Romania’s Economy Growing 5.2% In 2022
Lender Banca Transilvania has revised Romania’s economic growth forecast to 6.2% in 2021, 5.2% in 2022 and 4.9% in 2023, respectively, in line with updated macroeconomic forecasts.
CFA Analysts See Leu At 5.11 Units Vs Euro, Annual Inflation At 5.8% In Next 12 Months
Financial analysts expect the Romanian leu will depreciate to an average of 5.1145 units to the euro in the next 12 months, while inflation is seen averaging 5.8% during the same period, a m...
OTP Bank Sees Romania’s Economy Growing By 7.2% In 2021
Romania’s economy significantly slowed down its growth rate in the third quarter of 2021 and a slight recession is possible in the fourth quarter of 2021, in the context in which the economy...
Romania Central Bank Revises Up Its Annual Inflation Forecast To 7.5% In December 2021
Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the...
Romania's Annual Inflation Rate Spikes To 7.9% In October 2021
Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday.
BNR: Annual Inflation Rate to Probably Rise to Much Higher Values Than Anticipated
The annual inflation rate would probably rise over the short time horizon to much higher values than those anticipated in the August forecast, which had indicated a 5.6% in December 2021 and...