Central Bank: Latest Estimates Point To Romania's Annual Inflation Rate Going Up In January 2024 And Then Resuming Its Gradual Decline

01.12.2024 By Ecaterina Craciun

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth rate of food and energy prices, as well as following the decline in fuel prices, under the impact of lower crude oil prices, as per the minutes of the monetary policy meeting held by Romania's central bank on Friday (January 12, 2024).

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