- Romania's National Bank revises end-2017 inflation forecast to 1.6 pct vs 1.7 pct
Notícias do Mercado
15 maio 2017
Romania's National Bank revises end-2017 inflation forecast to 1.6 pct vs 1.7 pct
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Says we do not need exchange rate appreciation which would prove unsustainable
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Rise of excess demand is still reasonable compared with 2008
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Reiterates does not see much room for real exchange rate to appreciate
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Effect of excess demand on core-2 inflation is less intense, likely because of imports
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RON currency developments in q1 could barely be called depreciation
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Sees inflation at 3.4 pct at end-q1 2019
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Inflation will re-enter target margin in q4 2017
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