The central bank board also kept rates for its deposit and lending facilities unchanged at 1.5% and 3.5%, respectively.
It also left minimum reserve requirements on foreign currency liabilities and for leu deposits unchanged at 8%.
The developments in the annual CPI inflation rate over the first two months of Q3 overall were in line with expectations. In July, the indicator fell to 4.56% from 5.4% in the previous month, subsequently reaching 5.06% in August.
The latest assessments reconfirm the outlook for the annual inflation rate to decline further towards the upper bound of the variation band of the target at the end of this year, in line with the August 2018 medium-term forecast, the central bank added in a detailed statement.
The uncertainties and risks surrounding the inflation outlook stem mainly from developments in the prices of some food items, in administered prices (natural gas and electricity) and fuel prices, as well as from labor market conditions and the fiscal policy stance. Also relevant are the pace of global economic growth amid protectionist trends, the outlook for the economy and inflation in the euro area and the EU and hence the monetary policy stance of the ECB and of central banks in the region.
Board decisions aim to ensure and preserve price stability over the medium term in a manner conducive to achieving sustainable economic growth and amid safeguarding financial stability, the central bank said.