Bank According To Central News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BANK According to Central Bank forecasts the annual
inflation rate in Romania will slightly go down only in the last quarter of the
year. The bank says the annual inflation rate ceased to rise in June and is
expected to fluctuate for a while then to slightly go down for the next three
quarters. Inflation has been forecast to stay around 13.9% in December exceeding
the initial predictions of 12.5%. According to the Central Bank, inflationist
pressures are to be seriously felt in April next year, after schemes aimed at capping
electricity prices will have ended. In an attempt to keep inflation at bay, the
bank decided to raise the key interest rate from 4.47% to 5.5%.









HOLIDAY Seaside resorts on the Romanian Black Sea
coast are functioning at full capacity these days in spite of the high accommodation
prices. Prices are expected to go down next week under a yearly programme
entitled Seaside for ....

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