Inflation to fall within 2.5 to 3.5pct range next year - Ambank Group

The country’s inflation is expected to fall within a range of 2.5 percent to 3.5 percent in 2024, mainly due to the effects of subsidy rationalisation and the impact of the services tax increase, said Ambank Group.

However, the risk on the inflation outlook tilts to the upside if the scope of the rationalisation extends to RON95 fuel, it said in a research note today.