inflation rate

The board of directors of the National Bank of Romania decided on Thursday to maintain the monetary policy interest rate at the level of 7.00 percent per year and the interest rate for the lending facility (Lombard) at 8.00 percent per year…

The inflation rate remains high, at 14.5% as announced today by the National Institute of Statistics (INS). Potatoes, milk and meat are among the most expensive food products. And the price of sugar went up a spectacular 61%%. Energy, gas…

In its meeting of 9 February 2023, the Board of the National Bank of Romania (BNR) decided to keep the monetary policy rate at 7.00 percent per annum. The central bank also decided to leave unchanged the lending (Lombard) facility rate…

The National Commission for Strategy and Prognosis (CNSP) estimates a slowdown in economic growth to 2.8% this year, from 4.9% the previous year, and an inflation rate of 8% at the end of the year, down from 16.4% at the end of 2022. The…

Many countries worldwide suffer the highest inflation rate in several decades, which has also hit colleges. Due to inflation, colleges now pay more for labor, food, energy, and other utilities. As a result, many had to announce hikes in…

In 2020 Q2, the annual CPI inflation rate followed the downward trend visible since early this year and neared in June the mid-point of the variation band of the flat target, standing at 2.58 percent compared to 3.05 percent in March, reads…

The CFA Romania Macroeconomic Confidence Index increased in May 2019 against the previous month, but the analysts forecast an inflation rate of 4.12% in the next 12 months, a CFA Romania survey reveals on Friday. The CFA Romania…

European Commission representative Isabel Grilo said on Friday that pension increases "have generated deviations and have increased public debt." To counterbalance this situation that could lead Romania to collapse, the European…

Prices will rise significantly this year, the National Bank of Romania warns, anticipating the inflation rate will reach 4.2% at the end of the year. The previous estimation of the Central Bank was 3%. The National Bank of Romania (BNR)…

One day after the release, by the European Commission, of the economic growth forecast for Romania, revising it downwards to 3.3% of GDP, down from the forecast in January (3.8%), the European Bank for Reconstruction and Development (EBRD)…