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INFLATION

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Romanian Central Bank Revises Inflation Forecast Up to 1.4% in 2016
Macroeconomics

Romanian Central Bank Revises Inflation Forecast Up to 1.4% in 2016

Romania's central bank has revised its inflation forecast to 1.4% this year from a previous forecast of 1.1%, central bank governor Mugur Isarescu told a news conference Tuesday.

Oana Gavrila · 09.02.2016 · 11:50 · 1 min
Macroeconomics

Central Bank Governor: Inflation To Stay Negative Until May

The Romanian central bank sees inflation going deeper into negative territory until May, due to tax cuts, and the indicator is expected to return within the central bank's target band in ear...

Oana Gavrila · 05.02.2016 · 15:50 · 1 min
Erste: Romania Inflation Could Accelerate To 1% In Late 2016
Macroeconomics

Erste: Romania Inflation Could Accelerate To 1% In Late 2016

Romania’s inflation could stay on negative territory until May, following a renewed cut in VAT, but a trend reversal is expected and price growth is seen accelerating to 1% in late 2016, onc...

Gabriela Stan · 13.01.2016 · 15:37 · 1 min
Macroeconomics

Romanian Consumer Prices Inch Up in December, Annual Rate at -0.9%

Romanian consumer prices rose 0.11% in December compared with November, taking the annual inflation rate to -0.9%, the country's statistics institute said Wednesday.

Oana Gavrila · 13.01.2016 · 09:29 · 1 min
Macroeconomics

Romania Consumer Prices Edge Up in November, Annual Inflation at -1.1%

Romanian consumer prices increased 0.31% in November compared with October, but the annual inflation rate remained in negative territory at -1.1%, data from the country's statistics institut...

Oana Gavrila · 11.12.2015 · 09:21 · 1 min
Banks-Insurance

Fiscal Council Sees Inflation at 2.5%-3% As Effects of VAT Cut Wear Off

Romania's inflation rate is seen dropping to below -2 early next year from the current -1.6% but will rise again to reach 2.5%-3% once the effects of the cut in value-added tax wear off, acc...

Oana Gavrila · 08.12.2015 · 13:12 · 1 min
Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In October 2015
Macroeconomics

Eurostat: Romania Posted Second Lowest Annual Inflation Rate In The EU In October 2015

Romania registered the second lowest annual inflation rate in the European Union in October 2015, of -1.4%, and thirteen of the 28 Member States saw negative annual rates in October this yea...

Ecaterina Craciun · 16.11.2015 · 14:22 · 1 min
Banks-Insurance

ING Cuts Romania's Inflation Forecast For 2015 And 2016

ING cut its forecast on the inflation rate in Romania to -0.7% from -0.5% in 2015, and also revised its forecast to 1.2% from 1.4% for end-2016 and to 2.7% from 2.1% end-2017, mainly on the...

Gabriela Stan · 12.11.2015 · 12:51 · 2 min
Macroeconomics

Romania Consumer Prices Inch Up in October, Annual Rate at -1.6%

Romanian consumer prices inched up by 0.28% in October compared with September, taking the annual inflation rate to -1.6%, data from the country's statistics institute showed Wednesday.

Oana Gavrila · 11.11.2015 · 09:28 · 1 min