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Central bank expects low inflation, and 4 percent GDP growth

At the presentation of the August 2018 Inflation Report,, Tabakovic said growth in construction and agriculture was greater than expected and had caused the central bank to assess this year's GDP growth to a level higher than anticipated.

According to the central bank, GDP growth in 2019 will be 3.5 percent, as projected previously.

Central bank governor Isarescu: Inflation pressure persists

The National Bank of Romania (BNR) is not jubilant and does not pride itself for having won the war, it's just a battle victory, as inflation is starting to go down, but inflationary pressures persist, governor of the National Bank of Romania (BNR) Mugur Isarescu said on Wednesday at the presentation of the Report on Inflation.

INS: Annual inflation rate goes up to 5 percent in March

The annual inflation rate went up to 5 percent in March 2018, from 4.7 percent in the previous month, on the grounds of non-food product prices going up by 6.57 percent, those of food products by 4.01 percent, and those of services by 2.9 percent.

A higher annual inflation rate was registered in June 2013, when consumer prices went up 5.37 percent.

Serbian GDP 2.5 pct up in Q4 2017

BELGRADE - Serbia's real GDP growth in Q4 2017 was 2.5 pct up compared to the same period of the previous year, the national statistical office said in a statement on Wednesday.

"According to seasonally-adjusted GDP data, gross domestic product increased by 0.6 pct in the fourth quarter of 2017 compared to the previous quarter," it said.

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