Romania cenbank says to keep inflation target unchanged

May 6, 2015 12:44 PM

61 0

BUCHAREST May 6 (Reuters) - Romania's central bank will not change its inflation target of 1.5-3.5 percent, Governor Mugur Isarescu said on Wednesday.

Isarescu said the bank's future policy decision will be "data dependent" and that new inflation forecasts take into account an already approved VAT cut for food from June 1.

Also read: The Latest: Bank of England keeps interest rates on hold

Read more

To category page