Romania’s annual inflation rate has risen to 4.74 per cent, above the central bank’s target, the National Statistics Institute said today (Tues).
The central bank targeted an annual inflation of 3.5 per cent at the end of December, with a one percentage point variation band around the target. Last year was the third in a row in which the central bank missed the inflation target.
However, the 2009 inflation rate was slightly below analysts’ estimates of 4.8 to 4.9 per cent.
The consumer price index rose by 32 basis points in the month i… [ read more ]
The central bank targeted an annual inflation of 3.5 per cent at the end of December, with a one percentage point variation band around the target. Last year was the third in a row in which the central bank missed the inflation target.
However, the 2009 inflation rate was slightly below analysts’ estimates of 4.8 to 4.9 per cent.
The consumer price index rose by 32 basis points in the month i… [ read more ]
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