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NBR Governor Mugur Isărescu will present his quarterly report on Tuesday, highlighting a jump in inflation in Q3 2025 due to tax changes.

Ana-Maria Tapescu
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12 August 2025, 09:50
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Economy
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The report expects the annual inflation rate to increase significantly in the third quarter of 2025 as a result of the expiry of the electricity price cap scheme and the increase in VAT and excise tax rates, scheduled for August 1. Inflation will also decline slowly in the following quarters, but will remain on a higher trajectory than in previous projections, according to the analysis of the NBR's Governing Council.

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Financial Intelligence
Guvernatorul băncii centrale prezintă marţi Raportul trimestrial asupra inflaţiei
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Stirile ProTV
Mugur Isărescu prezintă raportul trimestrial asupra inflației. Prognozele BNR
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Economica
Mugur Isărescu, guvernatorul BNR, va prezenta azi raportul trimestrial asupra inflației
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Ziarul Financiar
Conferinţă BNR. Ce spune guvernatorul Mugur Isărescu despre inflaţie, creşterea preţurilor şi evoluţia economiei şi a dobânzilor
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LIVEVIDEO Guvernatorul Mugur Isărescu susține o conferință de presă după ce inflația a urcat în iulie la aproape 8%
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Ziare.com
Isărescu anunță o creștere masivă a inflației. Motivele identificate de BNR

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NEWS ON THE SAME TOPICS

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The BNR has revised the inflation forecast for the end of 2026 to 6.1% and estimates an inflation of 3.4% at the end of 2027.
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The BNR has decided to maintain the key interest rate at 6.5% to avoid negative economic impact, in the context of an inflation rate of 10.85% in Romania.
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Inflation in the euro area rose to 3.3%, the highest level in the last three years. The European Central Bank may raise interest rates.
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Mugur Isărescu NBR Economic Report inflation

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