{"id":64,"date":"2024-05-14T06:16:20","date_gmt":"2024-05-14T06:16:20","guid":{"rendered":"https:\/\/ofero.news\/?p=64"},"modified":"2024-05-14T06:16:20","modified_gmt":"2024-05-14T06:16:20","slug":"hopes-for-lower-inflation-moderate-in-romania-despite-expected-lower-print-in-april","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=64","title":{"rendered":"Hopes for lower inflation moderate in Romania despite expected lower print in April"},"content":{"rendered":"<p>The April headline inflation, to be published on May 14, was expected to decrease towards 6% y\/y, but the hopes for entering the 2.5% +\/-1pp were further delayed amid slightly higher inflationary pressures this year and an inflationary shock expected with the fiscal corrective package in 2025.<\/p>\n<p>The central bank has a yearend target of 4.7% y\/y but announced this would be revised slightly upwards, while independent analysts are far less optimistic: UniCredit, for instance, sees the yearend inflation at 5.4% y\/y to rise at 6% one year later.<\/p>\n<p>Inflation in April reportedly dropped to 5.8% y\/y from 6.6% y\/y in March. If confirmed by official data, this would be slightly less than analysts&#8217; expectations.<\/p>\n<p>UniCredit, quoted by <a href=\"https:\/\/www.profit.ro\/povesti-cu-profit\/financiar\/exclusiv-inflatia-a-scazut-la-5-8-in-aprilie-surse-21590291?mc_cid=c0ea6edab6&amp;mc_eid=cd1f92f96c\" target=\"_blank\" rel=\"noopener\">Profit.ro<\/a>, estimates that inflation in Romania continued to decrease to 6.1% y\/y in April amid a base effect in the prices of food. \u00a0At the same time, the decrease in electricity and gas prices announced by the minister of energy is expected to be transferred to a certain extent in consumer prices, according to the bank&#8217;s analysts.\u00a0<\/p>\n<p>BCR bank saw inflation falling to 6% y\/y in April, driven down by the drop in the price of natural gas. Core inflation is expected to decline from 7.1% in March to 6.5% in April.\u00a0<\/p>\n<p>Both banks, however, noted that there is a potential for inflation to have fallen further last month.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">Bizroug\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The April headline inflation, to be published on May 14, was expected to decrease towards 6% y\/y, but the hopes for entering the 2.5% +\/-1pp were further delayed amid slightly higher inflationary pressures this year and an inflationary shock expected with the fiscal corrective package in 2025. The central bank has a yearend target of [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-64","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/64","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/64\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}