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INFLATION

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Romania's Annual Inflation Rate Climbs To 3.8% In May 2021
Macroeconomics

Romania's Annual Inflation Rate Climbs To 3.8% In May 2021

Romania's annual inflation rate grew to 3.8% in May 2021, higher by 0.5% from 3.2% in April 2021, data from the country's statistics board showed Friday.

Ecaterina Craciun · 11.06.2021 · 10:54 · 1 min
Inflation Dominated Central Bank May 12 Policy Meeting, Minutes Show
Banks-Insurance

Inflation Dominated Central Bank May 12 Policy Meeting, Minutes Show

Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes o...

Oana Gavrila · 24.05.2021 · 18:38 · 1 min
Romania’s Annual Inflation Rate Hits 3.2% In April 2021
Macroeconomics

Romania’s Annual Inflation Rate Hits 3.2% In April 2021

Romania's annual inflation rate stood at 3.2% in April 2021 compared with April 2020, data from the country's statistics board showed Thursday.

Ecaterina Craciun · 13.05.2021 · 10:18 · 1 min
Romania’s Annual Inflation Rate Drops To 3.05% In March 2021
Macroeconomics

Romania’s Annual Inflation Rate Drops To 3.05% In March 2021

Romania's annual inflation rate inched down to 3.05% in March 2021 from 3.16% in February 2021, data from the country's statistics board showed Tuesday.

Ecaterina Craciun · 13.04.2021 · 10:24 · 1 min
World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022
Macroeconomics

World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022

The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a...

Ecaterina Craciun · 31.03.2021 · 14:49 · 1 min
Romanian Central Bank Leaves Key Rate Unchanged at 1.25%
Macroeconomics

Romanian Central Bank Leaves Key Rate Unchanged at 1.25%

Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy pr...

Oana Gavrila · 15.03.2021 · 18:32 · 1 min
Romania's Annual Inflation Rate Climbs to 3.2% in February
Macroeconomics

Romania's Annual Inflation Rate Climbs to 3.2% in February

Romania's annual inflation rate grew to 3.2% in February from 3% in January, still driven by higher electricity prices following the liberalization of the country's retail electricity market...

Oana Gavrila · 11.03.2021 · 09:18 · 1 min
Romania's Annual Inflation Rate Hits 3% in January
Macroeconomics

Romania's Annual Inflation Rate Hits 3% in January

Romania's annual inflation rate stood at 3% in January, mainly driven by higher electricity prices due to the liberalization of the country's retail electricity market on January 1, data fro...

Oana Gavrila · 12.02.2021 · 09:23 · 1 min
Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation
Banks-Insurance

Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation

Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction...

Ecaterina Craciun · 26.01.2021 · 18:29 · 9 min