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  • Romanian central bank is worried about the wage-price spiral risk and sees a lower-than expected growth in Q1 2022.
  • The central bank decided to raise its benchmark rate by 25bps to 2% at its latest meeting (Jan 10), less than the 50bps expected.
  • Seven policymakers voted for a rate hike (out of 9).
  • As a reminder, Romania CPI inflation accelerated to 8.2% in December (vs. 7.9% exp.), up from 7.8% the previous month, diverging significantly from the 3.5% upper-tolerance band.
MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com
MNI London Bureau | +44 203-865-3850 | yvan.berthoux@marketnews.com

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