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2019/11/04 / Erste Group Research

Romania Monthly Focus | Dark clouds over budget deficit

This month we take a closer look at the correlation between oil price and inflation. Industrial production was very weak in August and pressure on budget deficit increased in September.

Feature article – Does oil price really matter?

Industrial production keeps falling

Temporary decrease of inflation

Dark clouds over budget deficit
Curve steepening at end of October

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General information

AuthorErste Group Research
Product nameCEE Country Update
Topic in focusMacro/ Fixed income
Economy in focusRomania
Currency in focusRomanian Leu
Sector in focus-


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