ING Romania expects temporary inflation and warns of recession risks
The consumer price inflation will rise to 7.5%-8.0% y/y in the coming months to stabilise around 7.5% by the end of the year, but high base factors will bring it down in the region of 4.0-4.5% y/y by the end of 2026, according to the…
iulian ernst · Journalist
· Updated · 2 min read
The consumer price inflation will rise to 7.5%-8.0% y/y in the coming months to stabilise around 7.5% by the end of the year, but high base factors will bring it down in the region of 4.0-4.5% y/y by the end of 2026, according to the projections expressed by ING Romania economist Stefan Posea, as quoted by Cursdeguvernare.ro.
Posea also warns that the consumption impulse seems to have passed its peak, but also that consumer confidence has visibly deteriorated since the beginning of the year amid expectations of rising unemployment.
