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Inflation

Romania posts EU’s highest annual inflation in February

Romania recorded the EU's highest annual inflation rate in February, at 7.1%, followed by Croatia with 4.8%, the EU's statistical office said on Monday,...

Romania’s GDP to grow 3.1% in 2024 says OECD

Romania’s economy is expected to expand by 3.1% in 2024 and by 3.3% next year said the Organisation for Economic Co-operation and Development (OECD),...

Dip in euro zone inflation bolsters case for ECB easing

Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start easing interest rates from record highs later this...

Europe has growth challenge as inflation defeated, says Le Maire

Europe’s new battle is achieving economic growth as inflation has been defeated, according to French Finance Minister Bruno Le Maire, Bloomberg reports.  “In two years,...

ECB needs more information to be sure on inflation, says Guindos

The European Central Bank requires additional evidence that inflation is returning to its goal before it can safely begin loosening monetary policy, according to...

Bloomberg: Romania may hint at rate cut as inflation fades

Romania’s central bank may start laying the groundwork for cutting interest rates in the coming months as a spike in inflation at the start...

Euro zone economy narrowly skirts recession, stagnates in fourth quarter

The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency showed on Tuesday, according...

ECB keeps rates unchanged with not even a hint of rate cuts

The European Central Bank kept interest rates unchanged as expected at a record high on Thursday and reaffirmed its commitment to fighting inflation, giving...

Lagarde says supply-chain disruption could fuel inflation again

Supply-chain disruptions are among the risks focusing European Central Bank President Christine Lagarde as she ponders the dangers that inflation could resurge, according to...

Romania’s headline inflation drops to 6.7% in November

One year after it peaked at 16.8% y/y, Romania’s headline inflation dropped by 10 percentage points (pp) to 6.7% in November 2023, on a...