BUCHAREST (Romania), November 10 (SeeNews) – Romania’s consumer price inflation is expected to have accelerated month-on-month in October due to depreciation of the domestic currency, the leu, but is seen slowing down on an annual basis, analysts said. Three local bank analysts polled by SeeNews earlier this week forecast a monthly inflation of between 0.4% and 0.5% for October, compared to a 0.39% inflation rate in the previous month. Annual inflation is seen at around 4.4%, versus 4.94% in September, thus falling within the central bank’s target variation band of 2.5% to 4.5% for this year.
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