INFLATION
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Inflation Unexpectedly Falls Below 8% In June, On Lower Food Prices
Romanian consumer prices fell 0.29% in June from a month earlier, pushed down by cheaper food items, while the annual inflation eased to an unexpected 7.93%, the country’s statistics institu...
Romania's Annual Inflation Seen At 8.5% In June
Romanian consumer prices are likely to increase by 0.2% on the month in June, while the annual inflation is seen accelerating to 8.5%, according to a median forecast of the country’s associa...
Isarescu: Steady Key Rate To Steer Inflation Toward Target
The central bank’s decision not to modify its main interest rate will help steer inflation toward the year-end target over the following period, governor Mugur Isarescu said Thursday.
Romania Posts Highest Annual Inflation In EU For 10th Straight Month
Romania posted the highest inflation in the European Union for the tenth consecutive month in May, while the EU's average rate eased to 3.2%, from 3.3% a month earlier, statistics office Eur...
Inflation Climbs To 33-Month High In May
The consumer prices index inched up 0.2% in May from a month earlier, while the annual inflation hit a 33-month high at 8.41%, the statistics institute INS said Friday.
Let's Grab A Screwdriver And Fix The Economy, Says Isarescu
When inflation is high, despite the dynamics set by the central bank on the money market and in contrast with the size of the budget deficit, the reason can be found in the unpaid debts of s...
Vasilescu, BNR: Monetary Policy Not Enough To Control Inflation
Romanian central bank’s current monetary policy is insufficient to reign in inflation, particularly in a free market with constant capital inflows that lead to an eventual globalization of t...
Eurostat: Romania Posts Highest Annual Inflation In EU For 9th Straight Month
Romania maintained the highest inflation in the European Union for the ninth month in a row in April, while the EU's average rate was up at 3.2% from 3.1% in March, statistics office Eurosta...
IMF’s Franks: BNR Could Tighten Monetary Policy As Inflation Stays High
Romania’s central bank BNR might tighten the monetary policy in the coming months as the inflation will stay between 8% and 8.5% until July, Tuesday said Jeffrey Franks, chief of the Interna...