INFLATION
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FMCG Sales Up 8% in H1, Amid 15% Inflation
Romanians spent 7.7% more on fast moving consumer goods (FMCG) in the first half compared with the year-ago period, but the increase was solely because of inflation, data of the GfK Consumer...
Romania’s Annual Inflation Rate At 15.3% In August 2022
Romania's annual inflation rate jumped to 15.3% in August 2022 as compared to August 2021, data from the country's statistics board INS showed on Monday (September 12).
Eurostat: Romania Posts Second Lowest Annual Inflation Rate In The EU In July 2022
Romania, with an annual inflation rate of 13% in July 2022 (based upon the harmonized consumer price index of the European Commission), has the second lowest rate in the European Union (EU),...
Eurostat: Annual Inflation At 8.9% In Euro Area, 9.8% In EU And 13% In Romania In July 2022
The annual inflation rate in the European Union was 9.8% in July 2022, up from 9.6% in June 2022 and from 2.5% in July 2021. In Romania, the annual inflation was 13% in July 2022, in line wi...
Economic Forecast Commission Revises Up Romania's 2022 GDP Growth Projection To 3.5% From 2.9%
Romania's national strategy and forecast commission has revised upward its 2022 gross domestic product (GDP) growth estimate to 3.5% from 2.9% against the backdrop of improved economic perfo...
Romania’s Annual Inflation Rate At 15% In July 2022
Romania's annual inflation rate accelerated to 15% in July 2022 as compared to July 2021, data from the country's statistics board INS showed Thursday (August 11).
PwC: Companies In Romania Start To Adjust Wages To Address Inflation
Most companies in Romania (75%) have adjusted or will be adjusting wages to unexpected inflation or by a rate lower than the inflation rate but higher than the initially planned wage raise,...
PwC: Three Quarters Of Companies In Romania Boosted Salary Budgets In 2022 To Compensate For Rising Inflation
Three quarters of companies in Romania, responding to the HR Barometer conducted in June by PwC Romania, have adjusted or will adjust salaries with inflation or a percentage between inflatio...
Romanian Central Bank Sees Annual Inflation On Upward Trend Until Mid-Q3/2022, But At A Visibly Slower Pace
Romania’s central bank expects the annual inflation rate will stick to an upward path until mid-Q3, yet at a visibly slower pace, thus climbing moderately above the levels projected in May 2...