BNR menține rata dobânzii de politică monetară
The National Bank of Romania's board decided to maintain the monetary policy interest rate at 6.50% per year. Inflation rates showed a significant decrease in the first two months of Q3 2026, dropping to 6.17% in August from 10.42% in June. Economic activity stagnated in Q2 2026, with a slight contraction of 0.4% year-on-year. Household consumption continued to decline, and the trade balance deficit increased. Recent data indicates a recovery in economic activity in Q3 2026, driven by agriculture, but GDP growth remains negative compared to the previous year. The labor market showed slight declines in employment, while the unemployment rate decreased to 6.4%. Credit growth for the private sector slowed down, with inflation expected to rise by the end of the year.