National Bank of Romania

The annual rate of CPI inflation is expected to maintain its upward trend until the end of the year, when it will reach the level of 3.4 pct, and will fall to 2.8 pct at the end of 2022, the Report on Inflation of the National Bank of Romania (BNR) reads.

The Board of the National Bank of Romania (BNR) decided today to keep the benchmark interest rate unchanged at 1.25 pct per annum, the central bank said in a release. The monetary authority also decided to maintain the deposit facility rate at 0.75 pct per annum and the lending facility rate (Lombard) at 1.75 pct per annum.

Romania's annual inflation rate rose to 3.2 percent in February this year from 2.99 the month before, as non-foods grew by 3.8 percent more expensive, food prices advanced 2.7 percent and service prices 2.32 percent, shows data released on Thursday by the National Institute of Statistics (INS). "Year-over-year, February's consumer prices were 3.2 percent higher.

The annual inflation rate remained stable at 2.1% in December last year as food prices rose by 3.24%, services by 2.69%, and non-food goods by 1.01%, according to data published on Thursday by the National Institute of Statistics (INS). "Consumer prices in December 2020, compared to December 2019, increased by 2.1%.

The annual inflation rate fell to 2.1% in November this year, from 2.2% in October, given that food prices rose by 3.81%, services by 2.77%, and non-food goods by 0.78%, according to data the National Institute of Statistics (INS) published on Friday. "Consumer prices in November 2020 compared to November 2019 increased by 2.1%.

The return of GDP to pre-pandemic levels will happen in early 2022, just like almost everywhere in the European Union, Chairman of the Tax Council Daniel Daianu told the regional video conference ZF BRD Budget 2021 today, stressing that he is "almost certain that next year will see economic growth." "It is almost certain that there will be economic growth next year.

The Chairman of the Social Democratic Party (PSD), Marcel Ciolacu, sent on Monday a letter to the governor of the National Bank of Romania BNR), Mugur Isarescu, affirming that all statements made by BNR officials yield effects, regardless of whether they are made in a personal capacity or from the official desk.

The speed and path of the economic recovery are uncertain, conditional on the evolution of the COVID-19 pandemic and the associated restrictive measures, as well as on the economy's response to fiscal and monetary stimuli, according to the minutes of a monetary policy meeting of the board of the National Bank of Romania (BNR) of August 5, 2020.

The current account of the balance of payments registered a deficit of EUR 3.497 billion in the first six months of the year, compared to EUR 4.373 billion in the same period of 2019, shows data from the National Bank of Romania (BNR) published on Thursday.

The Bucharest Court of Appeal (CAB) registered the file sent by the National Council for the Study of Securitate [the communist-era political police] Archives (CNSAS) requesting the establishment of the "quality of Securitate collaborator" of the National Bank of Romania (BNR) Governor, Mugur Isarescu.