Focus Romania- Inflation stages a dynamic come-back | Eurobank
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Focus Romania- Inflation stages a dynamic come-back

• GDP growth accelerated by 0.5% qoq/1.1% yoy in Q2 bringing the economy out of the technical recession path
• Inflation stages a dynamic come-back on food and energy prices: consumer prices leaped to 5.33% in September up from 3.9% yoy in August, above the 3% NBR year end target, against only 1.8% in last May
• Short-term political risk declined after the presidential impeachment referendum but progress in structural reforms lags behind