The central bank also lowered its 2021 inflation forecast to 2.5% for the end of 2021 from a previous projection of 3.2%.
Inflation in Romania stood at 4.04% at the end of 2019 and decreased to an annual rate of 2.68% in April.
Macroeconomics
Romanian Central Bank Lowers 2020 Inflation Forecast to 2.8%
Romania's central bank on Friday lowered its inflation forecast to 2.8% for the end of 2020 from a previous projection of 3%.