Romania: Good Prospects for Economic Upturn

People ♦ 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…

or Log In

Fast News Search
Related News
Romania’s Economic Recovery Expected to Strengthen. (August 1, 2013)
Romania: Privatization as a Potential Driver for Economy (July 29, 2013)
Romania: Confident About Economic Recovery (May 2, 2013)
Van Rompuy Encourages Romania to Become Eurozone Member (April 26, 2013)
Romania: Ponta Promises Return to Growth (January 12, 2013)
Read More
Romania, Inflation, Economic Growth, Food Industry, Agricultural Industry, Banking Industry, Capital Markets, Monetary Policy, Eurzone, Brussels, IMF International Monetary Fund, Leaders, Viktor Ponta, GDP Gross Domestic Product, Labor Market, Labor Market Policy
Featured
See latest Vindobona Newsletter