INFLATION
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Central Bank: Latest Estimates Point To Romania's Annual Inflation Rate Going Up In January 2024 And Then Resuming Its Gradual Decline
The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the...
Romania's Annual Inflation Keeps Downward Trend In December 2023, Ends Year At 6.6%
Romania's annual inflation kept its downward trend in December 2023, ending the year at 6.6%, compared to 6.7% in November 2023 and 8.1% in October 2023.
KPMG: Romania’s Economy To Grow By 2.5% In 2024, Inflation To Reach 6.9%
KPMG, one of the world’s largest audit and consulting companies, sees Romania’s economy growing by 2.5% in 2024, while inflation should reach 6.9%. Its forecasts were included in the ‘Global...
Romania's Annual Inflation Rate Drops Further In November 2023 To 6.7%
Romania's annual inflation kept its downward trend in November 2023, decreasing to 6.7%, compared to 8.1% in October 2023 8.8% in September 2023, and 9.4% in August 2023 and July 2023, data...
CFA Romania Analysts Project 6.28% Inflation, Expect Leu to Fall to 5.0541 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania forecast a 6.28% inflation rate for the next 12 months, down from the previous exercise, and expect the Romanian currency to decline, with the average...
Erste Group: Romania Likely to Hit New 8% Inflation Peak in Jan-Feb 2024
Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-Fe...
CFA Romania Analysts Forecast Budget Gap of 5.8% in GDP, 6.86% Average Inflation, See Leu at 5.0607 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association say the state budget gap estimated for 2023 will reach 5.8% in GDP, the highest value registered in the CFA survey since the start of the y...
CFA Romania Analysts Expect 7.58% Average Inflation Rate, See Leu at 5.0753 Units/Euro In Next 12 Months, Project 2.1% GDP Growth in 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0753 units/euro in the coming 12 months, while the average inf...
Survey: 48% Of Romanians Can No Longer Afford To Save Because Of Inflation
A recent survey conducted by Ipsos for ING Bank shows that 48% of Romanians can no longer afford to save because of inflation, and only 11% manage to put enough money aside to be able to cop...