The Deputy Governor of the BNR emphasizes the risks to consumption and economic stability due to the war in the Middle East and the internal political crisis.

The Deputy Governor of the BNR, Cosmin Marinescu, stated that the war in the Middle East generates severe uncertainties, increasing inflation and slowing down economic activity. The short-term impact is felt through rising fuel prices, while the long-term effects depend on the evolution of the conflict. The price of oil has risen significantly, influencing consumer prices and production costs. In Romania, inflation has exceeded 10%, and retail sales have decreased by 6.8% compared to last year. The political crisis has led to the depreciation of the leu and an increase in interest rates, affecting the purchasing power of Romanians. Almost 80% of Romanians have reduced non-essential spending to cope with economic pressures. The BNR adopts a cautious approach, waiting to assess the long-term impact of these external and internal shocks on the economy.