inflation

Romania Ctrl Bk Revises Up ’09 Inflation Forecast At 4.5%

12:03, 06 Nov. 2009
Romania’s central bank revised upward its estimate on the 2009 annual inflation rate to 4.5% from 4.3% previously forecast, central bank governor Mugur Isarescu said Friday.

Romania’s Sept CPI + 0.39% On Mo, +4.94% On Yr

10:31, 12 Oct. 2009
Romania's consumer prices index rose by 39 basis points on the month in September, on higher non-food and service prices, but the annual inflation decelerated for the seventh consecutive month to 4.94%, the National Statistics Institute said Monday.

Romania Ctrl Bk Gov Sees Annual Inflation Well Below 5% In Sept

18:13, 06 Oct. 2009
Romania’s annual inflation rate dropped well below 5% in September and is expected to reach around 4% by yearend, central bank’s governor Mugur Isarescu said Tuesday.

Romania’s Prognosis Committee Sees ’09 Inflation At 4.3%

12:16, 25 Sept. 2009
Romania’s inflation is estimated at 4.3% at the end of 2009, slightly below the central bank's 4.5% upper limit target, and is seen falling to 3.5% next year, according to the National Prognosis Committee CNP's preliminary autumn forecast.

Romania’s Aug CPI -0.19% MM, Annual Inflation Narrows To 4.96%

10:45, 10 Sept. 2009
Romania's consumer price index fell by 19 basis points in August compared with July, on lower food prices, while the annual inflation narrowed to 4.96%, the National Statistics Institute said Thursday.

Romania’s Annual Inflation Seen At 5.1%-5.3% In Aug – Analysts

15:16, 08 Sept. 2009
Romania's annual inflation accelerated to 5.1%-5.3% in August from 5.06% the month before, with the consumer price index seen unchanged or slightly higher on the month, analysts said in a survey Tuesday.

Moody’s Sees Romania Inflation At 4.4% In 2009

15:40, 02 Sept. 2009
Moody’s forecasts Romanian inflation will reach 4.4% at the end of 2009, slightly above central bank’s estimation of 4.3%, according to a ratings agency's report released Wednesday.

Romania July Inflation Rate Highest In EU27

13:45, 14 Aug. 2009
Romania reported the highest annual inflation rate in the European Union in July, followed closely by neighbor Hungary, EU’s statistics agency Eurostat said Friday.

Romania’s July CPI -0.07% MM, Annual Inflation Narrows To 5.06%

11:53, 11 Aug. 2009
The rise in Romanian consumer price index slowed down by 0.07 percentage points in July compared with the previous month, on lower food prices, while the annual inflation narrowed to 5.06%, the National Statistics Institute, or INS, said Tuesday.

Romanian Ctrl Bk Revises Dn ’09 Inflation Forecast To 4.3%, ’10 CPI Seen At 2.6%

11:43, 06 Aug. 2009
Romania's central bank revised its forecast on the annual inflation rate in December to 4.3%, from 4.4% estimated in May, central bank governor Mugur Isarescu said Thursday.

Romania’s June CPI +0.2% M-M, Annual Inflation Narrows To 5.86%

11:04, 10 Iul. 2009
Romanian consumer price index rose 0.2% in June compared with the previous month, due to higher fuel prices and the leu depreciation, but the annual inflation narrowed to 5.86%, according to data released Friday by the National Statistics Institute.

Romanian Econ Min-Owned Cos To Hike Salaries By 5% In ’09

16:32, 18 Iun. 2009
The gross salaries of the employees with 26 companies owned by the Romanian Economy Minister will increase by 5% in 2009, to cover the projected inflation rate.

Romania Posts Highest Annual Inflation In EU In May

13:18, 16 Iun. 2009
Romania registered in May the highest annual inflation rate among EU member states, of 5.9%, more than 8-fold higher than the EU average of 0.7%, according to data released Tuesday by Eurostat, the Statistical Office of the European Communities.

Romanian Salaries Should Not Rise Above Inflation To Avoid Price Hikes- Ctrl Bk Adviser

12:11, 14 Mai 2009
Adrian Vasilescu, adviser of the central bank’s governor, stated Thursday that the salary hike in 2009 should not exceed inflation rate, estimated at 4.4% for this year, adding that unjustified hikes should be avoided as they would only trigger price hikes.

Romania’s April CPI +0.27% M-M, Annual Inflation Narrows To 6.45%

10:42, 12 Mai 2009
Romanian consumer price index rose 0.27% in April compared with the previous month, and the annual inflation fell to 6.45 % from 6.71% end-March, the National Statistics Institute reported Tuesday.

Romanian Ctrl Bk Revises Dn ’09, ’10 Inflation Forecasts

11:30, 07 Mai 2009
Romanian central bank revised downwards its projection on the annual inflation rate at the end of 2009 to 4.4%, from 4.5% it estimated in February.

IMF Sees Romanian Salaries Up Along With Inflation In ’09-’11

11:55, 05 Mai 2009
The International Monetary Fund sees Romanian salaries up 5.9% in nominal terms in 2009, up 3.9% in 2010, and up 3.5% in 2011, a growth pace similar with the average consumer price index projected increase.

EC Sees Romania’s Average Inflation At 5.8% In ’09

13:53, 04 Mai 2009
The European Commission revised slightly down its forecast on Romania’s average inflation rate in 2009 to 5.8% from 5.7% it estimated in January.

IMF Sees Romanian GDP Growth At -4.1% In ‘09, 0% In ‘10

17:51, 22 Apr. 2009
The International Monetary Fund official forecasts on Romania see the gross domestic product contracting by 4.1% in 2009, the current account deficit narrowing at 7.5% of the GDP and the inflation at 5.9% at the end of the year, according to the fund's latest World Economic Outlook.

Romania Posted 3rd Highest March Annual Infl In EU – Eurostat

13:49, 16 Apr. 2009
Romania reported in March the third highest annual inflation in the EU, with an annual rate of 6.7%, more than five times higher than the EU average of 1.3%, according to second estimates from Eurostat, EU's Statistical Office.

Romania’s March CPI +0.5% M-M, Annual Inflation Narrows To 6.71%

10:06, 10 Apr. 2009
Romanian consumer price index rose by a higher-than-expected 0.5% in March compared with the previous month, but the annual inflation fell to 6.71% from 6.89% end-February, the National Statistics Institute reported Friday.

Romania’s Feb CPI +0.88% M-M, Annual Inflation Widens To 6.89% – 2

10:04, 11 Mart. 2009
Romania's consumer price index rose by a higher-than-expected 0.88% in February, compared with the previous month, and the annual inflation widened to 6.89%, from 6.71% end-January, the National Statistics Institute, or INS, reported Wednesday.

Romania Feb Inflation Seen At +0.5% MM – Poll

16:53, 08 Mart. 2009
Romanian consumer price index is seen up by 0.5% in February against the month before, while the yearly inflation is expected to slow down to 6.5% from 6.71% on the backdrop of a stable exchange rate and tempered internal demand, analysts said Sunday.

Romanian Ctrl Bk ’09 Inflation Target, Very Likely To Be Reached

17:28, 23 Feb. 2009
Romanian central bank’s inflation target of 3.5%, with a one percentage point variation band, for 2009 is very likely to be attained, the central bank’s governor Mugur Isarescu said Monday.

Romania’s Jan Inflation +1.24% M-M, Annual CPI Widens To 6.71%

10:11, 12 Feb. 2009
Romanian consumer price index rose by a higher than expected 1.24% in January, compared with the previous month, and the annual inflation widened to 6.71%, from 6.3% end-December, the National Statistics Institute, or INS, reported Thursday.

Romanian Ctrl Bk Keeps ’09 Inflation Forecast Of 4.5%

11:43, 06 Feb. 2009
The National Bank of Romania, or BNR, maintained its forecast for the 2009 inflation rate at 4.5%, the central bank governor Mugur Isarescu said Friday.

Romania, Fifth In EU On ’08 Annual Inflation – Eurostat

13:09, 15 Ian. 2009
Romania ranked on the fifth position in the European Union as regards the 2008 annual inflation, with a 6.4% inflationary rate at the end of December, according to EU's statistical office Eurostat.

Romania’s Dec Inflation +0.23% M-M, Annual CPI Slows To 6.3%

10:22, 13 Ian. 2009
Romania’s inflation rose 0.23% on the month in December, due to higher prices for food and services, but the annual consumer price index (CPI) slowed to 6.3%, from 6.7% in November, the National Statistics Institute, or INS, reported Tuesday.

Romania’s Nov Inflation +0.32% M-M, Annual CPI Slows To 6.7%

10:22, 11 Dec. 2008
Romania’s inflation rose 0.32% on the month in November, due to higher prices for food and services, but the annual inflation slowed to 6.7%, from 7.39% in October, the National Statistics Institute, or INS, reported Thursday.

Romania’s Oct Inflation 1.06% M-M, 7.39% Y-Y; Higher Prices For Services, Food

10:06, 11 Nov. 2008
Romania’s inflation soared 1.06% on the month in October, rising slightly to 7.39% on the year, driven largely by an increase in prices for services and food products, the National Statistics Institute reported Tuesday.

Romanian Ctrl Bk Revises Up ‘08 CPI To 6.7%, ’09 CPI To 4.5%

16:24, 03 Nov. 2008
The National Bank of Romania, or BNR, revised upwards its forecasts for the 2008 and 2009 consumer price index to 6.7%, and 4.5%, respectively, from the previous 6.6% and 4.2% estimates, central bank governor Mugur Isarescu said Monday.

Romanian PM Sees Inflation Exceeding 10% In ‘09

14:04, 26 Oct. 2008
Romania’s annual inflation growth might exceed 10% in 2009, following unrealistic wage increases in the public sector, Premier Calin Popescu Tariceanu said Saturday.

Romania Sept Inflation +0.4% MM, Annual CPI Slows To 7.3%

10:04, 10 Oct. 2008
Romania's consumer price index grew by 0.4% on the month in September, mainly driven by an increase in prices for services, but annual inflation slowed to 7.3%, due to a favorable base effect, the National Statistics Institute said Friday.

Romanian Inflation May Slow To 6% By Yr-End – Isarescu

19:53, 23 Sept. 2008
Romanian inflation is on a downward path and might even go as low as 6% by the end of the year, central bank Governor Mugur Isarescu said at a press conference Tuesday.

Romanian PM Sees Inflation Slowing To 4% In ’09

11:03, 23 Sept. 2008
Romania’s inflation is seen slowing in 2009 to a year-end rate of 4%, Prime Minister Calin Popescu Tariceanu said Tuesday.

Over 6% Rise Of GDP Keeps Romanian Inflation High – Ctrl Bk Chief Economist

15:06, 15 Sept. 2008
A gross domestic product growth of over 6% will keep inflation high and it will be highly unlikely for the index to go below 3%, central bank chief economist Valentin Lazea said Monday.

Romanian PM Sees Inflation On Descending Path In Next Mos

17:57, 11 Sept. 2008
Romanian inflation is seen continuing its descending path over the next months, Prime Minister Calin Popescu Tariceanu said, adding the recent salary increases will not be affected by price increases.

Romania’s Aug CPI -0.09% MM, Annual Inflation Slows To 8.02%

10:17, 10 Sept. 2008
Romania’s consumer price index fell by 0.09 percentage points on the month in August, driven by a decrease in prices for services, bringing the annual inflation to 8.02% the National Statistics Institute said.

Romanian July Inflation 9.04% On Yr, Hits 3-Yr High

10:17, 11 Aug. 2008
Romania’s inflation accelerated by 0.69% on the month in July, and the higher prices for electric power and gas have brought the annual index to 9.04%, the highest level in three years, the National Statistic Institute said Monday.

Romanian Ctrl Bk Revises ’08, ‘09 Inflation Forecasts

12:48, 04 Aug. 2008
Romanian central bank revised its inflation forecast from 6% to 6.6% in 2008, and from 3.5% to 4.2% in 2009.