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Romania’s central bank raises inflation forecast amid end of energy price cap

May 21, 2025

The National Bank of Romania (BNR) has revised upward its inflation forecast for nearly the entire projection horizon, citing the planned lifting of the energy price capping mechanism at the end of June 2025 and higher core inflation contributions. The updated projections were published in the May 2025 edition of the Quarterly Inflation Report.

According to the new forecast, annual inflation is expected to reach 5.1% at the end of the second quarter of 2025 before falling to 4.6% by the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/bnr-inflation-forecast-may-2025
Read in full - click here
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