INFLATION
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Banca Transilvania: Private Consumption To Grow By 2.9% In 2023, By 4.8% In 2024 And 2025; Average Inflation At 9.3% In 2023
Lender Banca Transilvania forecasts an increase of 2.9% in private consumption in 2023 and of 4.8% in 2024 and 2025, respectively, in parallel with an average inflation rate of 9.3% in 2023,...
CFA Romania Analysts Project 8.13% Average Inflation, See Leu at 5.0528 Units/EUR In Next 12 Months, Cut 2023 GDP Growth Forecast to 2.8%
Financial analysts part of CFA Romania association expect the local currency to decline to an average exchange rate of 5.0528 units per euro in the next 12 months, while the anticipated rate...
Isarescu Says Romania Must Tackle Fiscal Deficit And Current Account Deficit Problems In Coming Period
Romania is the only country in the European Union (EU) facing the excessive deficit procedure, therefore, it must carry out a fiscal adjustment process which is essential, the country's cent...
Romania's Annual Inflation Plunges To 11.2% In April 2023
Romania's annual inflation rate fell to 11.2% in April 2023 compared to 14.5% in March 2023, 15.5% in February 2023 and 15.1% in January 2023, data from the country's statistics board INS sh...
Analysis: 75% Of Online Retailers Seek To Expand Product Range Amid Rampant Inflation To Meet Consumer Needs
Against the backdrop of high inflation, the main business objective of 75% of online retailers in Romania is to expand their product range in order to meet and satisfy consumer needs for div...
Prognosis Commission Keeps Romania’s GDP Growth Forecast At 2.8% In 2023; Cuts Year-End Inflation Outlook To 7.4%
Romania’s national commission for prognosis and statistics in its spring report revised downward its projection for the country’s inflation to 7.4% at the end of 2023 from a previous project...
DSV Analysis: Romania Freight Market Slowed Growth In Q1/2023 Amid Low Inflation And Consumption
Romania's freight transport market continued to grow in the first quarter of 2023, but below the level of 2022, against the background of a decline in consumption and implicitly in industria...
CFA Romania Analysts Forecast 8.96% Average Inflation, See Leu At 5.0274 Units Per Euro in Next 12 Months, Expect Romania Economy to Grow by 3% in 2023
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0274 units per euro in the next 12 months, while the anticipat...
Romania Annual Inflation Drops To 14.5% In March 2023
Romania's annual inflation rate fell to 14.5% in March 2023 after reaching 15.5% in February 2023 and 15.1% in January 2023, data from the country's statistics board INS showed on Thursday (...