Annual inflation rate could reach a plateau at end of third quarter
George Mihalcea
Current assessments reveal the prospect of the annual inflation rate reaching a plateau at the end of the third quarter and of its very slow decrease in the following three months, amid the transitory effects beyond expectations exerted by the expiration on July 1 of the electricity price cap scheme and the increase, starting with August 1, of VAT and excise duty rates, according to the National Bank of Romania. BNR mentions that the implementation, as a whole, of the fiscal-budgetary measures
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