Romanian CPI trend downward despite Jan spike-BNR

Inflation in Romania continued at a faster-than-desired pace over the past year but its underlying trend remains downward despite a January 2001 consumer price inflation spike, the central bank (BNR) said on Feb 15, 2001. "Data showed a slower-than-desired disinflation but also revealed a clear potential to cut inflation in 2001 from 2000 provided that the factors which prompted last year's overshoot are not repeated," the BNR said in a report.

The report, presented to the weekly government ca

To continue reading...