Central Bank anticipates annual inflation rate will rise to 7.7% in first trimester of 2024
Publicat:The National Bank of Romania anticipates that the annual inflation rate will rise to 7.7% at the end of the first trimester of 2024, going down to 6.8% at the end of the second quarter of next year, according to the Quarterly Report on Inflation, November 2023 edition.
"The projected values of the annual IPC inflation rate for the end of 2023 and the next year are 7.5% and 4.8%, respectively. Compared to the August 2023 Report, the forecast is similar for the end of this year, but higher during the coming year, mainly as a result of the increases in fees and taxes from January 1. On the other…
Citeste articolul mai departe pe stiripesurse.ro…
Sursa articol: stiripesurse.ro
Stiri pe aceeasi tema
Annual inflation in Romania drops to 6.61pct in March 2024
12:10, 11.04.2024 - The annual inflation rate in Romania dropped in March 2024 to 6.61%, from 7.23% in February, as prices for foods increased by 2.81%, for non-foods by 8.06% and for services by 10.20%, according to data with the National Institute of Statistics (INS) published on Thursday.
Romania posts EU’s highest annual inflation in February
14:35, 18.03.2024 - Romania recorded the EU‘s highest annual inflation rate in February, at 7.1%, followed by Croatia with 4.8%, the EU’s statistical office said on Monday, according to See News. Romania also marked the highest monthly rise in consumer prices among EU member states in Southeast Europe (SEE) last month,…
Electricity consumption increases 9pct in economy, drops 14pct for population
11:30, 15.03.2024 - Final electricity consumption in Romania increased 3.2% in January 2024, compared to the same period last year, while final electricity consumption in the economy increased 9% and that of the population dropped 13.8%, according to data the National Institute of Statistics (INS) published on Friday.…
Non-government loans dip 0.6 pct this January
14:00, 23.02.2024 - Loans granted by credit institutions to the non-government sector dipped 0.6 percent in January 2024 from December 2023 (-1.7 percent in real terms) to RON 384.757 billion, the National Bank of Romania (BNR) said in a release. RON-denominated loans accounted for 68.5 percent of the total, down 0.5…
BNR's Isarescu: We discussed a potential timetable for reducing the monetary policy rate
14:00, 15.02.2024 - The Board of Directors of the National Bank of Romania (BNR) has discussed a potential timetable for reducing the monetary policy rate, but it takes two months to confirm that inflation is definitely coming down after a spike in January, BNR Governor Mugur Isarescu said on Thursday at a conference where…
Annual inflation rate rises to 7.4pct in January 2024
11:55, 14.02.2024 - The annual inflation rate rose to 7.4% in January 2024, from 6.61% in December, as food prices increased 5.64%, non-food prices went up 7.36% and services prices advanced 10.91%, according to data from the National Institute of Statistics (INS) published on Wednesday. "The consumer price index in…
Romania holds rates steady as slowing inflation points to easing
10:40, 14.02.2024 - Romania’s central bank held borrowing costs steady as policymakers seek clear evidence that slowing inflation is on course to hit their target, according to Bloomberg. The central bank kept the benchmark interest rate at 7% on Tuesday, matching the estimates of all economists in a Bloomberg survey.…
Bloomberg: Romania may hint at rate cut as inflation fades
10:30, 13.02.2024 - Romania’s central bank may start laying the groundwork for cutting interest rates in the coming months as a spike in inflation at the start of the year is likely to prove fleeting, according to Bloomberg. Investors will be looking for clues about the timing of the first reduction when the National…
se inchide automat in 30 secunde
