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Inflation

Romania’s inflation rises to 10.2% in March

Consumer prices increased by 1.8% in March, dragged up by a 2.54% advance in the food prices. The annual inflation rate advanced to 10.2%...

ECB sees inflation stabilizing around 2% target

Euro zone inflation is increasingly likely to stabilize around 2% but the European Central Bank should be ready to change course if the outlook...

Euro-zone economy faces inflation surge from Russia’s war

The euro-area economy is reeling from surging inflation and new supply-chain disruptions after Russia’s invasion of Ukraine boosted energy costs and clouded the outlook...

EU raises inflation forecasts on supply disruptions, energy crisis

The European Commission on Thursday raised its inflation expectations for this year, but is still expecting prices to move below the European Central Bank’s target...

Romania’s central bank raises its monetary policy rate to 2.50%

Romania's central bank (BNR) announced on Wednesday that it will increase its monetary policy rate to 2.50% from 2.00% as of February 10, its...

Eurozone inflation accelerates to new record of 5.1%

Eurozone inflation accelerated to a record of 5.1% in January, defying expectations of a slowdown and adding to the European Central Bank’s headache ahead of...

Trust ECB to stabilise inflation, Lagarde tells citizens

Eurozone citizens worried about rising prices can trust the European Central Bank (ECB) to stabilise inflation, ECB President Christine Lagarde said on Tuesday, according...

Eurozone inflation hits 5%, marking another record high

Eurostat, the statistical office of the European Union announced that the eurozone inflation accelerated unexpectedly in December, hitting a new record of 5% from...

ECB heads into pivotal policy meeting with inflation and Omicron infections rising

With inflation surging and the Omicron Covid variant expected to spread through the region, the European Central Bank (ECB) has the unenviable task of presenting its...

Romania’s annual inflation rate decreased to 7.8% in November

Romania's National Institute for Statistics (INS) announced on Monday that the country's annual inflation rate dropped to 7.8% in November 2021, from 7.9% in...