{"id":9032,"date":"2025-11-15T09:06:32","date_gmt":"2025-11-15T09:06:32","guid":{"rendered":"https:\/\/info-eforie.ro\/index.php\/2025\/11\/15\/mugur-isarescu-anunta-accelerarea-ratei-inflatiei-care-sunt-principalele-cauze\/"},"modified":"2025-11-15T09:06:32","modified_gmt":"2025-11-15T09:06:32","slug":"mugur-isarescu-anunta-accelerarea-ratei-inflatiei-care-sunt-principalele-cauze","status":"publish","type":"post","link":"https:\/\/info-eforie.ro\/index.php\/2025\/11\/15\/mugur-isarescu-anunta-accelerarea-ratei-inflatiei-care-sunt-principalele-cauze\/","title":{"rendered":"Mugur Is\u0103rescu anun\u0163\u0103 accelerarea ratei infla\u0163iei. Care sunt principalele cauze"},"content":{"rendered":"<div>\n<p>Guvernatorul BNR,<br \/>\nMugur Is\u0103rescu, avertizeaz\u0103 asupra acceler\u0103rii infla\u021biei \u00een trimestrul al<br \/>\ntreilea din 2025, cauzat\u0103 \u00een principal \u00a0de liberalizarea tarifelor la energie \u015fi majorarea<br \/>\nTVA \u0219i a accizelor.<\/p>\n<div><picture loading=\"eager\" width=\"1400\" height=\"750\" alt=\"Mugur Is\u0103rescu a anun\u0163at o cre\u015ftere accelerat\u0103 ratei infla\u0163iei. FOTO: Inquam\/George C\u0103lin\"><source type=\"image\/webp\"  media=\"(min-width: 1400px)\"><source type=\"image\/webp\"  media=\"(min-width: 1000px)\"><source type=\"image\/webp\"  media=\"(min-width: 700px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 1400px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 1000px)\"><source type=\"image\/jpeg\"  media=\"(min-width: 700px)\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/cdn.adh.reperio.news\/image-8\/8294e1f5-2392-4765-a58d-8623c391e818\/index.jpeg?p=a%3D1%26co%3D1.05%26w%3D700%26h%3D750%26r%3Dcontain%26f%3Dwebp\" alt=\"Mugur Is\u0103rescu a anun\u0163at o cre\u015ftere accelerat\u0103 ratei infla\u0163iei. FOTO: Inquam\/George C\u0103lin\" width=\"1400\" height=\"750\" loading=\"eager\"><\/picture>\n<p>Mugur Is\u0103rescu a anun\u0163at o cre\u015ftere accelerat\u0103 ratei infla\u0163iei. FOTO: Inquam\/George C\u0103lin<\/p>\n<\/div>\n<p>Banca Na\u021bional\u0103 a<br \/>\nRom\u00e2niei a revizuit \u00een cre\u0219tere prognoza de infla\u021bie, la 9,6% \u00een decembrie 2025<br \/>\n(+0,8 puncte procentuale fa\u021b\u0103 de raportul anterior) \u0219i la 3,7% \u00een decembrie<br \/>\n2026 (+0,7 pp), potrivit datelor prezentate vineri, 14 noiembrie, de<br \/>\nguvernatorul Mugur Is\u0103rescu, \u00een cadrul conferin\u021bei de pres\u0103 dedicate raportului<br \/>\ntrimestrial asupra infla\u021biei.<\/p>\n<p>Mugur Is\u0103rescu a<br \/>\nexplicat c\u0103 rata anual\u0103 a <a href=\"https:\/\/adevarul.ro\/economie\/bnr-a-mentinut-dobanda-cheie-la-65percent-estimarile-2486540.html\" target=\"_blank\">infla\u021biei <\/a>a accelerat \u00een trimestrul al treilea din 2025<br \/>\n\u00een principal din cauza elimin\u0103rii plafoanelor la energia electric\u0103 \u015fi a<br \/>\ncre\u0219terii cotelor de TVA \u0219i a accizelor. <\/p>\n<p><i>\u201eAm avut o combina\u021bie de factori care au \u00eempins pre\u021burile<br \/>\n\u00een sus: liberalizarea tarifelor la electricitate, majorarea TVA \u0219i accizelor,<br \/>\nprecum \u0219i o dinamic\u0103 ridicat\u0103 a costurilor salariale, \u00een special \u00een industria<br \/>\nalimentar\u0103 \u0219i \u00een sectorul serviciilor de pia\u021b\u0103. \u00cen plus, anticipa\u021biile<br \/>\ninfla\u021bioniste pe termen scurt au continuat s\u0103 creasc\u0103\u201d,<\/i> a explicat givenatorul BNR.<\/p>\n<p>El a subliniat c\u0103 cel<br \/>\nmai mare impact l-a avut <a href=\"https:\/\/adevarul.ro\/economie\/pretul-energiei-electrice-va-sari-in-aer-dupa-2388817.html\" target=\"_blank\">eliminarea plafoanelor <\/a>la tarifele la electricitate \u00een<br \/>\nluna iulie, care a contribuit cu 2,3 puncte procentuale la rata anual\u0103 a<br \/>\ninfla\u021biei \u015fi c\u0103 \u00een ceea ce prive\u0219te modificarea cotelor de TVA din august, <i>\u201ecotele de TVA s-au transmis \u00een propor\u021bie de<br \/>\np\u00e2n\u0103 la 85% la nivel agregat\u201d.<\/i><\/p>\n<p>Impactul asupra<br \/>\npre\u021burilor a variat \u00eens\u0103 \u00eentre segmente. Astfel, la <a href=\"https:\/\/adevarul.ro\/stiri-interne\/evenimente\/ministrul-agriculturii-a-gasit-cauza-cresterii-2472656.html\" target=\"_blank\">legume \u0219i fructe<\/a>, majorarea<br \/>\nTVA \u201enu s-a transmis \u00een pre\u021buri\u201d imediat. <\/p>\n<p><i>\u201eC\u00e2nd exist\u0103 supraofert\u0103, cum se \u00eent\u00e2mpl\u0103 de regul\u0103 vara,<br \/>\nse pot majora taxele f\u0103r\u0103 ca acestea s\u0103 se reflecte automat \u00een pre\u021buri.<br \/>\nProduc\u0103torul \u00eencearc\u0103 s\u0103-\u0219i v\u00e2nd\u0103 marfa \u0219i accept\u0103 o marj\u0103 mai mic\u0103\u201d,<\/i> a explicat guvernatorul.<\/p>\n<p>La combustibili,<br \/>\n\u00eens\u0103, aproximativ jum\u0103tate din cre\u0219terea TVA s-a reg\u0103sit \u00een pre\u021burile de la<br \/>\npomp\u0103, iar la energia electric\u0103 \u0219i gazele naturale, scumpirile au dep\u0103\u0219it<br \/>\nvaloarea strict\u0103 calculat\u0103 din aplicarea TVA. La serviciile \u0219i bunurile<br \/>\nalimentare procesate, varia\u021biile de pre\u021b au fost, de asemenea, mai mari dec\u00e2t<br \/>\ncre\u0219terea strict\u0103 a TVA.<\/p>\n<h2>Consumul \u0219i investi\u021biile<br \/>\n\u00een sc\u0103dere<\/h2>\n<p>Mugur Is\u0103rescu a<br \/>\natras aten\u021bia c\u0103 <i>\u201e\u00eenc\u0103 din var\u0103 vedem o<br \/>\ntendin\u021b\u0103 descendent\u0103 a dinamicii anuale a salariilor, inclusiv pe fondul<br \/>\n\u00eenghe\u021b\u0103rii veniturilor din sectorul public\u201d, <\/i>deoarece multe dintre companii,<br \/>\ninfluen\u021bate de incertitudinile economice, au redus angaj\u0103rile, iar<br \/>\nautomatizarea \u0219i robotizarea au diminuat necesarul de for\u021b\u0103 de munc\u0103. <\/p>\n<p><i>\u201eAvem o sc\u0103dere evident\u0103 a consumului popula\u021biei,<br \/>\n\u00eencep\u00e2nd cu trimestrul al doilea, iar aceast\u0103 tendin\u021b\u0103 continu\u0103 \u0219i \u00een toamn\u0103\u201d, <\/i>a mai avertizat guvernatorul, subliniind c\u0103 singurele elemente<br \/>\ncare se men\u021bin la un nivel pozitiv sunt creditele noi de consum \u0219i<br \/>\n\u00eemprumuturile pentru locuin\u021be.<\/p>\n<p>\u015ei \u00een ceea ce prive\u0219te<br \/>\ninvesti\u021biile, ve\u015ftile sunt \u00eengrijor\u0103toare.<\/p>\n<p><i>\u201eAvem o cvasi-stagnare a investi\u021biilor, care greveaz\u0103<br \/>\nperspectiva de redresare economic\u0103. Formarea brut\u0103 de capital fix este \u00een<br \/>\ndeclin, at\u00e2t la nivelul diverselor investi\u021bii, c\u00e2t \u0219i \u00een zona construc\u021biilor\u201d,<\/i> a avertizat el, explic\u00e2nd faptul c\u0103, \u00een acest context,<br \/>\ncre\u0219terea absorb\u021biei fondurilor europene devine esen\u021bial\u0103. <\/p>\n<h2>Nivel tehnologic<br \/>\nextrem de sc\u0103zut<\/h2>\n<p>Guvernatorul a declarat,<br \/>\nde asemenea, c\u0103 Rom\u00e2nia se confrunt\u0103 cu un nivel tehnologic sc\u0103zut \u015fi c\u0103 \u201edin<br \/>\nmulte puncte de vedere suntem chiar pe ultimul loc\u201d, Vestea bun\u0103 este, \u00eens\u0103, c\u0103<br \/>\ndeficitul comercial a sc\u0103zut, ca urmare a cre\u0219terii exporturilor<br \/>\nextracomunitare \u0219i a reducerii importurilor. <\/p>\n<p><i>\u201eEvolu\u021bia de dup\u0103 criza din mai a \u00eensemnat intr\u0103ri de<br \/>\ncapital; capitalurile care au ie\u0219it au revenit\u201d,<\/i> a spus el, explic\u00e2nd, \u00een acela\u015fi timp c\u0103la nivel global<br \/>\nse \u00eenregistreaz\u0103 o sc\u0103dere a ritmului de cre\u0219tere economic\u0103 a principalilor<br \/>\nparteneri comerciali, ceea ce va afecta exporturile rom\u00e2ne\u0219ti. <\/p>\n<p><i>\u201ePentru noi, acest context \u00eenseamn\u0103, pe de o parte, o<br \/>\npresiune ceva mai mic\u0103 pe pre\u021burile de import, dar, pe de alt\u0103 parte, o cerere<br \/>\nextern\u0103 mai slab\u0103 pentru exporturile rom\u00e2ne\u0219ti\u201d,<\/i> a concluzionat Mugur Is\u0103rescu.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/adevarul.ro\/economie\/mugur-isarescu-anunta-accelerarea-ratei-inflatiei-2487046.html\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guvernatorul BNR, Mugur Is\u0103rescu, avertizeaz\u0103 asupra acceler\u0103rii infla\u021biei \u00een trimestrul al treilea din 2025, cauzat\u0103 \u00een principal \u00a0de liberalizarea tarifelor la energie \u015fi majorarea TVA [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9033,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[],"class_list":["post-9032","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts\/9032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/comments?post=9032"}],"version-history":[{"count":0,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/posts\/9032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/media\/9033"}],"wp:attachment":[{"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/media?parent=9032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/categories?post=9032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/info-eforie.ro\/index.php\/wp-json\/wp\/v2\/tags?post=9032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}