Romanian central bank confident of inflation drop

The Romanian central bank said Wednesday 16 August it is confident of a drop in inflation, while promising to maintain its cautious approach to monetary policy, guarding against the possibility of inflation rising again.

"Inflation rose by 0.11 pct in July to an annual rate of 6.2 pct, which is good news," said the governor of the Central Bank of Romania (BNR) Mugur Isarescu during a press conference.

"Despite the downward trend in inflation, we have no plans to relax monetary policy," he said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: