Inflation
170 articole · RSS
Isarescu sees inflation at less than 4% as late as 2009
The central bank will not relax the interest rate even when inflation stabilises towards 5%, says NBR Governor Mugur Isarescu. "We are wondering what we will relax when we see inflation stab...
Isarescu: Vice tax could rekindle inflation
The introduction of the vice tax could create inflationary pressures, considering the significant share cigarettes have in the basket used to calculate consumption prices, the National Bank...
Isarescu: NBR will use every instrument to curb inflation
The National Bank of Romania (NBR) has decided to maintain the monetary policy rate at 8.5% and continue to engage in purging substantial amounts of excess cash through operations on the mar...
Increase in NBR interest prevented by inflation?
Two weeks from today, NBR''s Board of Governors to decide if February inflation, standing at a mere 0.24%, is a sufficiently strong reason to discontinue the process of strengthening the mon...
NBR maintains inflation target, allows for deviation
The National Bank of Romania (NBR) announced yesterday that it was going to maintain the inflation target for 2006 unchanged at 5% plus/minus 1%. This option, however, included a drifting of...
Inflation goes up 1.03% in January
The inflation rate exceeded 1% in the first month of this year as natural gas and electricity prices went up, the National Statistics Institute (INS) announced. This trend made the annualise...
Analysts see 0.7% inflation for January
According to a poll conducted by Reuters among nine analysts, the rise in consumer prices could stand at 0.7% in January, and at 8.7% compared with the same month last year, meaning that the...
NBR meets to dampen inflation and curb consumer demand
The National Bank''s Board of Governors is today discussing the increase in the monetary policy rate which was also recommended by the IMF as the main instrument in fighting inflation, along...
Interests, racing to catch up with inflation
The year 2006 debuted with interest rates closer to the inflation rate, for the RON deposits: BRD pays up to two points more for saving accounts, while ING even doubles interests, from previ...