inflation Archives - Adeco - Advisory Development & Consultancy Services

10 iulie 201910 iulie 2019

Monetary policy – NBR Board decisions

According to the press release of National Bank of Romania dated July 4^th, the Board of the National Bank of Romania decided: to keep the monetary policy rate at 2.50 percent per annum; to leave unchanged the deposit facility rate at 1.50 percent per annum and the lending facility rate at 3.50 percent per annum; and to maintain the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions.

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8 mai 20198 mai 2019

Spring 2019 Economic Forecast

According to the European Commission press release, the European economy is forecast to continue expanding for the seventh year in a row in 2019, with real GDP expected to grow in all EU Member States. As global uncertainties continue to weigh, domestic dynamics are set to support the European economy. Growth is expected to gather pace again next year.

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16 ianuarie 2019

Current and future macroeconomic and monetary developments

The National Bank of Romania Board discussed and adopted the monetary policy decision, based on the data and analyses on current and future macroeconomic, financial and monetary developments submitted by the specialised departments, as well as on other available domestic and external information.

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16 august 201727 octombrie 2017

NBR: Inflation Report

Developments in inflation and its determinants

The annual CPI inflation rate consolidated in positive territory, reaching 0.85 percent in June, after having posted a notable increase in Q2 (+0.67 percentage points versus end-Q1). Its path reflected upward domestic pressures, arising from the pick-up in companies’ production costs, whose pass-through into end-user prices for consumer goods is favoured by the opening of the positive output gap.

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10 mai 20177 august 2017

Monetary policy

The annual inflation rate remained relatively steady in March 2017, standing at 0.18 percent, against 0.2 percent in the prior month, in line with the NBR (National Bank of Romania) projection. Behind this stood the slowdown in the annual dynamics of fuel prices, which offset the effects of the faster increase in volatile food prices and of the higher adjusted CORE2 inflation rate (calculated by excluding from the consumer price index the following categories: administered prices, volatile prices, and tobacco and alcoholic beverage prices.), whose annual rate crept up to 1.04 percent, from 0.91 percent in February.

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