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Exceptions were at the beginning of the 1980s austerity policy in Romania, when prices were risen in order to reduce consumption and allow the government to pay back the foreign debt. Following the onset of liberal economic reforms in November 1990, as prices and exchange rates were gradually liberalized, inflation began to rise. [ 3 ]
11 August – The National Institute of Statistics shows that the inflation rate of Romania for July 2023 was at 9.4%, the first time since January 2022 for the rate to be below 10%. [ 67 ]
World map by inflation rate (consumer prices), 2023, according to World Bank This is the list of countries by inflation rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Inflation rate is defined as the annual percent change in consumer prices compared with the previous year's consumer prices. Inflation is a positive value ...
While most countries saw a rise in their annual inflation rate during 2021 and 2022, some of the highest rates of increase have been in Europe, Brazil, Turkey and the United States. [ 120 ] [ 121 ] By June 2022, nearly half of Eurozone countries had double-digit inflation, and the region reached an average inflation rate of 8.6%, the highest ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...
21 April – The first expressway-type road opens in Romania, a 16 km long section of the DEx12 expressway, between Slatina and Balș. [64] 29 April – 2022 cyberattacks on Romania: At 04:05 EEST, a DDOS attack is launched against www.mapn.ro, the website of the Ministry of National Defence (Romanian: Ministerul Apărării Naționale, MApN).
Average mortgage rates ease lower as of Thursday, January 23, 2025, with benchmark 30-year fixed rates still elevated above 7.00%. Fannie Mae released its January housing forecast, noting a ...
After increasing the target interest rate 11 times from March 2022 to July 2023 in an effort to combat the highest inflation in four decades coming out of the pandemic, the Federal Reserve ...