The National Bank of Romania (BNR) has revised upwards its inflation forecast, to 12.5% for end-2022 and 6.7% for end-2023, the bank’s governor, Mugur Isarescu, has announced on Thursday. In February, the Central Bank estimated inflation would stand at 9.6% at the end of 2022 and at 3.2% at the end of 2023.

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