Romanian Inflation Eases With New Shock Looming From Iran War

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ING Bank Romania estimates that inflation will return to an upward trend during the next period, on the basis of the increase in energy prices and recent geopolitical tensions. According to an analysis by bank economies, oil market developments could temporarily push the annual rate of inflation again over the 10% threshold in the following months. The ING Economics article analyzes the potential effects of the war in Iran on the Romanian econom…

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Romania is not directly involved in the war in the Middle East, but the energy shock correlated with persistent global financial tensions can significantly weaken economic growth until it is possible to enter into crisis/receiving, says Florian Libocor, BRD's chief economist, in a HotNews transmission opinion. It is the first complete evaluation, with figures and data about ...