Mugur Isarescu: Inflation will drop below 7% in January - financiare.ro
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News » February, 2011 » 7 February 2011

Mugur Isarescu: Inflation will drop below 7% in January
07.02.2011, 14:57 | Finance-Banks | 847 views



The annual inflation rate will drop in January below 7% and in the third quarter it will register a more significant decrease, Romanian National Central Bank Governor Mugur Isarescu declared as he presented the inflation report.

He showed that a contribution to the inflation decrease was the fact that there are no foreseeable excises for tobacco products. The Central Bank increased their inflation estimate for the end of this year to 3.6% from 3.4%.

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