Inflation
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Inflation beyond NBR's worst expectations
A rise in the price of citrus fruit and vegetable oil pushed the annual inflation rate to 8.63% in March, the highest since December 2005, according to the National Statistics Institute data...
CNP: Inflation at 5.4% in December
Industrial output will increase by 5.2% this year, while the constructions sector will increase by 22% and both register slower rates than in 2006, according to the latest estimates of the N...
Inflation targeting turns into inflation forecasting for NBR
Inflation will continue to increase over the coming months and is expected to exceed 8% by the end of the quarter. It should, however, fall back to 5.9% by December, NBR Governor Mugur Isare...
NBR's inflation target unattainable until end of 2008
The Government's revised euro convergence programme indicates that the inflation rate will fall within the limits accepted by the National Bank of Romania as late as the third quarter of nex...
IMF: Inflation remains high if budget deficit is not kept low
The only way to bring the inflation back down to 5% level quickly and without incurring high economic costs is a good correlation of the monetary and fiscal policies. However, this is an opt...
CNP revises inflation estimates upwards to 6%
The National Forecast Commission (CNP) has upwardly revised its annual inflation target by 1.5%, to 6%, against 5.7% forecast by the National Bank of Romania (NBR). For December 2008, CNP an...
Drought effects as seen by CNP: Economic growth down, inflation up
The forecast for this year's economic growth has been revised downwards from 6.5% to 6.1%, whilst the inflation rate estimate has been revised upwards from 4.2% to 4.5%, announced the Nation...
320% public rent hike drives inflation up in May
Public housing rent increased by 320% in May, as a result of a government decision, whilst contributing to around two thirds of this month's inflationary rate, according to data published ye...
Annualised inflation reaches all time low in February
The slight drop in the price of food and non-food goods in February saw the monthly inflation decrease to a figure to close to zero. The annualised inflation (calculated for the last 12 mont...