Raiffeisen Bank estimates zero inflation or even negative in Romania, in July

Raiffeisen Bank estimates that Romania recorded in July an inflation rate very close to zero or even negative, of minus 0.1%, said on Monday the chief economist of Raiffeisen Bank Romania, Ionut Dumitru, the Fiscal Council's president. He said that year-on-year inflation would significantly fall from 7.9% in June to 5.1% in July and to 4.9% in August. There will be a few months with year-on-year inflation of 5% and at the year's end inflation will reach 4.7%, shows Raiffeisen ...

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