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Romania: Good Prospects for Economic Upturn

Published: August 9, 2013; 14:06 · (Vindobona)

In Romania, the inflation forecast for 2013 and for 2014 has been lowered to 3.1 percent which is 0.1 percent less compared to previous figures.

Romania: Good Prospects for Economic Upturn / Picture: © Vindobona.org

The National Bank has analyzed and validated the quarterly inflation report, which indicates a stronger disinflation process for the forthcoming period and an enhanced economic growth. Governor Mugur Isarescu: “Our target is 2.5 percent. As far as our 3.1 percent forecast goes, we might get closer to that target by the end of the year or even sooner.”

The main factors keeping…

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