News » February, 2011 » 7 February 2011
Romanian Ctrl Bank Says Consumer Prices Exposed To Outside Pressure
07.02.2011, 14:42 | Economy | 977 views
Romanian consumer prices are exposed to upward pressure from international food and oil prices, central bank governor Mugur Isarescu said Monday. Speaking at the presentation of the quarterly inflation report, Isarescu said domestic pressures are rather weak, as local production and the existent stocks are currently at high levels. Additionally, domestic demand for food products continues to decline, capping producers' inflationary expectations, he said. Read more on Mediafax.ro
|
Latest news in category Economy
The industrial output in the Eurozone has increased above expectations in October, after dropping for two months in a row, which could mean that the expansion in the region may have accelerated towards the end of the year, according to Eurostat. read more...
Germany's trade with the rest of the world has slowed down in October, as its exports and imports fell compared to September, due to the difficulties on the emerging markets, especially in China, Brazil and Russia. read more...
The Organization for Cooperation and Economic Development (OCDE) has worsened its estimates concerning the growth of the world's economy, for the second time in the last three months, as the slowdown of the emerging markets is affecting other countries as well, such as Germany and Japan. read more...
|
|
