Eurostat: Romania Posts Lowest Annual Inflation Rate In The EU, In April 2017

Eurostat: Romania Posts Lowest Annual Inflation Rate In The EU, In April 2017

05.17.2017

Romania posted the lowest annual inflation rate, of 0.6%, in the European Union, in April 2017, and one of the lowest monthly inflation rates, of 0.2%, according to data published on Wednesday by Eurostat, the statistical office of the European Union.

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Analysis

Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise

Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.