Romania: Inflation decreasing slower than expected
At 2.7% in April, inflation is starting to look better behaved, but sticky food prices raise an eyebrow
Romania: Inflation starts to descend
January inflation dropped to 3.6% from 4.0% in December. We think this is just the beginning of the consolidation at lower levels
Romania: Year-end inflation above target band
At 4.0% YoY, December inflation came in slightly above our 3.9% forecast and market consensus. We believe that this will be the peak for many months to come
At 4.1% year-on-year, July inflation for Romania came 0.1ppt higher than our call. This will probably be the highest print for the year. We maintain our…
After reaching a high of 5.4% in mid-2018 and staying above 4.0% for most of the year, the inflation rate has fallen within the central bank's target,…
