Romania annual inflation rate February 2012

World Economic outlook - Romania annual inflation rate February 2012 : Romania’s annual inflation rate went down to a new historic low of 2.6 percent in February 2012, from 3.14 percent reported in December 2011, said Mugur Isarescu, the Governor of the Romanian Central Bank (BNR), during the press briefing held to give more details on the decision to further cut the key interest rate. “This came as a result of meeting the economic and financial program provided under agreements with EU, IMF and other international institutions,’ said the Governor, adding that the reevaluation of the inflation outlook again confirms its slowdown in the near future.

Romanian Economic Growth Forecast 2012

World Economic outlook- Romanian Economic Growth Forecast 2012 ;  For 2012, analysts’ forecasts point to economic growth in Romania by 0.5% up to 2%. The estimate of the IMF, the European Commission and of the Romanian Government, as laid down in the state budget law for 2012, stands at almost 2%. The same budget law stipulates a cash budget deficit of 1.9% of the GDP and the National Bank of Romania forecasts a 3% inflation rate. The Romanian Commercial Bank estimates a 1.2% economic growth for 2012 against the backdrop of high domestic demand; the in-flow of European funds worth 6 billion Euros, which the government counts on, would be a positive thing, says the chief economist of the Romanian Commercial Bank, Lucian Anghel:

EBRD Romania economic growth forecast 2012

World Economic outlook - EBRD Romania economic growth forecast 2012 : The European Bank for Reconstruction and Development (EBRD) lowered its prognosis for Romania's economic growth this year, from 1.1 per cent to 0.8 per cent, according to a report

The outlook has worsened the most in this area for Albania, Romania and Serbia, which are heavily exposed to the troubled Greek economy, according to the EBRD. read full EBRD report