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INFLATION

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Romania Central Bank Ups 2014 Inflation Forecast To 3.5%
Banks-Insurance

Romania Central Bank Ups 2014 Inflation Forecast To 3.5%

Romania’s central bank Thursday revised upward its inflation forecast to 3.5% this year from 3% previously, citing upside pressure from higher excise duties and a newly announced tax on fuel...

Florentina Dragu · 06.02.2014 · 13:13 · 1 min
Romania Inflation Falls to Post-communist Era Low Of 1.55% in 2013
Macroeconomics

Romania Inflation Falls to Post-communist Era Low Of 1.55% in 2013

Romania’s inflation fell to 1.55% in 2013, the lowest level in more than 20 years, mainly due to a bumper farming output amid still subdued demand.

Bogdan Neagu · 13.01.2014 · 10:00 · 1 min
Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up
Macroeconomics

Promising End Of The Year: Inflation And Trade Deficit Went Down, Production Moved Up

The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue.

Daniela Stoican · 23.12.2013 · 09:24 · 1 min
Romania Inflation Eases Slightly In November
Macroeconomics

Romania Inflation Eases Slightly In November

Romania’s annual inflation eased slightly to 1.83% in November, from 1.88% a month earlier, reflecting a modest decline in food prices, official data showed Wednesday.

Florentina Dragu · 11.12.2013 · 10:00 · 1 min
Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure
Companies

Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure

Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will b...

Tudor Ioana Raluca · 13.11.2013 · 00:00 · 1 min
Romania Inflation Stable In October Despite Rising Food, Service Prices
Macroeconomics

Romania Inflation Stable In October Despite Rising Food, Service Prices

Romania’s annual inflation rate held steady at 1.88% in October, despite rising prices for food and services, official data showed Monday.

Bogdan Neagu · 11.11.2013 · 10:00 · 1 min
Isarescu: 2014 Inflation Forecast Doesn’t Factor In Latest Tax Increases
Banks-Insurance

Isarescu: 2014 Inflation Forecast Doesn’t Factor In Latest Tax Increases

Romanian central bank governor Mugur Isarescu said Thursday that his institution has yet to assess the potential impact on the 2014 inflation rate of a recent series of fiscal measures annou...

Florentina Dragu · 07.11.2013 · 15:17 · 1 min
BNR: 2013 Inflation Forecast Revised Down To 1.8%
Banks-Insurance

BNR: 2013 Inflation Forecast Revised Down To 1.8%

Romania’s central bank revised downwards its 2013 inflation forecast to 1.8% from 3.1% previously, citing lower prices of volatile products, central bank governor Mugur Isarescu said Thursda...

Florentina Dragu · 07.11.2013 · 11:50 · 1 min
EXCLUSIVE: Romania Raises Excises By Nearly 5% In 2014, Expects Additional RON3.4B Revenue
Social/Politics

EXCLUSIVE: Romania Raises Excises By Nearly 5% In 2014, Expects Additional RON3.4B Revenue

Romania will raise excise duties for next year by 4.77%, the average annual inflation rate calculated in September, and the Government expects the measure will reign in additional revenue of...

Oana Gavrila · 07.11.2013 · 09:52 · 1 min