The rise in Romanian inflation – which hit a five-year high last month – appears to have been driven by rapid wage growth and provides further signs that the economy is overheating. As a result, we now think that the National Bank will step up the pace of monetary tightening at its next meeting in early April.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services