BNR: Annual inflation rate to probably grow in short term much more than anticipated

The annual inflation rate is likely to increase much more pronounced over the short time horizon than anticipated in the August forecast, which indicated a peak of 5.6 pct in December 2021, according to the minutes of the monetary policy meeting of the Board of Directors of the National Bank of Romania (BNR) on October 5, 2021."As for future developments, Board members showed that, according to the new data and analyses, the annual inflation rate would ...

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