Page 2 - Rebecca Aimee Diaconescu News Today : Breaking News, Live Updates & Top Stories | Vimarsana

INFLATION - The inflation rate is expected to slightly drop in the next months, the Central Bank (BNR) announced. However, prices might again peak next spring unless the government extends its national schemes capping electricity and gas prices past the April 2023 deadline, the BNR spokesman Dan Suciu has told Radio Romania. Romania has an imported inflation, Dan Suciu argues, meaning that it is generated by the global increase in energy and fuel prices. In May, the inflation rate stood at 14.5%. The authorities expect the rate to grow and peak by the end of July. DROUGHT - 70% of Romania s surface is affected by drought. People in a number of areas have access to tap water only for a few hours every day. Traffic on the Danube River is also affected, as the water level is half the multiannual average and is estimated to keep dropping. The Porțile de fier I and II hydroelectric power plants are also reporting difficulties. Navigators will have to observe a maximum m

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