The European Commission published this month the Country Report for 2018, in terms of investments, Romaniaʼs net international investment position (NIIP) has continued to improve. The NIIP reached -49.9 % of GDP in 2016, almost 5 percentage points above the 2015 level.
Monetary policy
The annual inflation rate remained relatively steady in March 2017, standing at 0.18 percent, against 0.2 percent in the prior month, in line with the NBR (National Bank of Romania) projection. Behind this stood the slowdown in the annual dynamics of fuel prices, which offset the effects of the faster increase in volatile food prices and of the higher adjusted CORE2 inflation rate (calculated by excluding from the consumer price index the following categories: administered prices, volatile prices, and tobacco and alcoholic beverage prices.), whose annual rate crept up to 1.04 percent, from 0.91 percent in February.