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Isarescu: Disinflation process marked by accented reduction of free prices BNR can influence

Disinflation process in this past quarter and in the past 12 months was characterized by a steady and accented reduction of the free prices Romania's National Bank (BNR) can influence through its monetary policy, stated on Thursday BNR Governor Mugur Isarescu at the presentation of the Quarterly Inflation Report.

'The disinflation process in this past quarter and the one in the past 12 months was characterized by two important things. On one hand, by the free prices BNR can influence through its monetary policy, they being steadily and markedly reduced. As well, we remark that this indicator, the prices from which the administered prices and the volatile prices are deducted, but also those of cigarettes and fuel, respectively those suffering major increases due to excise taxes, are drawing close to 1 percent. It is a remarkable evolution', said Isarescu.

Sursa: http://www.agerpres.ro

Tags: prices bnr influence process disinflation isarescu

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