Inflation is seen re-entering the central bank’s target band of 1.5%-3.5% in the fourth quarter this year. Romania’s annual inflation rate stood at -0.5% at the end of 2016.
The central bank sees inflation at 3.4% at the end of next year.
Macroeconomics
Romanian Central Bank Revises 2017 Inflation Forecast to 1.7%
Romania's central bank has revised its inflation forecast to 1.7% for this year, from a previous projection of 2.1%, the bank's quarterly inflation report showed Thursday.