deflation
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Macroeconomics
Central Bank Governor: Romania Can’t Talk About Deflation As Domestic Consumption Is Sharply Up
Romania cannot talk about a deflation of the local economy as the country is facing a sharp domestic consumption growth, central bank governor Mugur Isarescu told a conference organized by the central bank on Tuesday.
Macroeconomics
Romania Not Threatened By Deflation, Central Bank Head Says
Romania’s economy is not threatened by deflation, despite expectations of a negative inflation rate over the next three quarters, as consumption is increasing while new wage increase may eve...