Sponsored Content
Romania: “Aggressive Rate Cuts Likely”
Politics ♦
Published: October 12, 2013; 12:09 ♦ (Vindobona)

Sponsored Content
In view of the accelerating disinflation in Romania, Vienna-listed RBI (Raiffeisen Bank International) expects the monetary policy to be eased further.

“Consumer prices dropped by 0.6% mom in September, more than we and the market had expected (-0.2% and 0.1% mom). The main factor behind the impressive decline was the cut in the VAT for bread and related products, which subtracted around -0.73 percentage points from the headline figure. Volatile food prices showed mixed dynamics with prices for fruits decreasing, as expected, by 2.3%…
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Romania: Recovery Depends on External Factors (October 4, 2013)
CESEE: Recovery Slow, but Stable (October 4, 2013)
Romania: Consumption Remains Sluggish (October 3, 2013)
Economic Upturn in Austria, Eurozone and CEE (October 2, 2013)
Romania: Modest Growth for Metal Industry (September 27, 2013)
Sponsored Content
Read More
Featured