Inflation
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Isarescu warns against currency lending growth, has high hopes for low inflation
After having worried last year about the evolution of the main macroeconomic indicators, the National Bank of Romania Governor Mugur Isarescu can relax. Or at least this is what he implied y...
Mutual funds finally beat inflation
The strong growth in quotes on the Bucharest Stock Exchange and the stagnation of the interests on the monetary market amid a downward inflationary trend have finally generated gains in real...
Inflation lower than anticipated by NBR
The 1.7% increase in consumer prices in the first two months of the year is below the level anticipated by the National Bank of Romania, NBR Governor Mugur Isarescu said. He explained NBR wa...
Sara Merkur slower than inflation in 2003
Sara Merkur concluded 2003 with 97.3bn ROL in insurance premiums subscribed, 12% more than in 2002 in nominal terms, yet failed to outrun inflation that reached 14.1% last year. "The growth...
Braiconf outgrows inflation
Romanian clothing manufacturer Braiconf Braila saw turnover up 31% last year in nominal terms, with net profit logging a 23% boost, whereas annual inflation was 14.1%. The company's sales to...
BRD on top of inflation in 2003
BRD-Groupe Societe Generale concluded last year with a net profit growth above inflation. The financial statement is to be endorsed by the Board of Directors on April 7, and the shareholders...
SIF Banat-Crisana keeps up with inflation
Financial Investment Company (SIF) Banat-Crisana reported preliminary net profit worth 344 billion ROL ($10.3 million) for 2003, up 27bn ROL from the result recorded for the same period, but...
Inflation starts off with all-time low
The annual inflationary rate has gone down to an all-time low in the first month of 2004, reaching 13.9% compared with January 2003. The inflationary pressures maintained this January, even...
SIF Muntenia outpaced by inflation
SIF Muntenia on Monday announced it had attained its 2003 S&R budget target 99%, posting a 356.7bn ROL net profit instead of the projected 360.7bn ROL. Compared with the previous year, the p...