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Romanian Inflation Forecast Adjusted by NBR
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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: © Vindobona.org
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…
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