BNR: Annual inflation slighlty down in June, before substantial decline in 2026 Q3

In June 2026, Romania's inflation rate showed a slight decrease, with expectations for a more significant drop by Q3 2026. The National Bank of Romania noted risks from supply-side factors, particularly related to global energy prices and the Middle East conflict. Despite a projected recovery in economic activity, uncertainties remain regarding budget measures and external influences on inflation. The BNR decided to maintain the monetary policy rate at 6.50% to ensure price stability and support economic growth.