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Annual inflation rate, likely to rise gradually in coming months

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The annual inflation rate is likely to increase gradually in the coming months, thus exceeding the slightly decreasing values highlighted on this time horizon by the medium-term forecast of November 2021, show the minutes of the January 10, 2022 monetary policy meeting of the Council of Administration of the of Romania (BNR).

At the meeting, it was recalled that the forecast indicates a peak in the dynamics of inflation of 8.6% in June 2022, followed by a decrease to 5.9% in December 2022 and then to 3.3% in September 2023 - slightly below the upper limit of the target…

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