Romanian Inflation Forecast Adjusted by NBR

People ♦ Published: November 11, 2013; 12:06 ♦ (Vindobona)

The National Bank of Romania (NBR) has adjusted the inflation forecast downward for 2013 and 2014.

Romanian Inflation Forecast Adjusted by NBR / Picture: © BNR National Bank of Romania

The NBR revised the inflation projections from 3.1 percent to 1.8 percent this year and from 3.1 percent to 3.0 percent next year. However, the bankers at NBR do not expect any significant improvements.

Showing moderation, the National Bank governor Mugur Isarescu said: “Just as we didn’t panic last summer, when the annual inflation rate skyrocketed as a result of drought and…

or Log In

Fast News Search
Related News
Romanian Banking Sector Highly Centralized (November 9, 2013)
Romania: Key Rate Cut Again (November 6, 2013)
Banking Sector Reduces Lending (November 6, 2013)
Romania: Taxes Expected to Be Raised (October 28, 2013)
Romania: Precautionary Financial Assistance Approved (October 25, 2013)
Read More
Fiscal Policy, Monetary Policy, Inflation, NBR National Bank of Romania, Romania, Taxation, Banking Industry, Leaders, Mugur Isarescu
Featured
See latest Vindobona Newsletter