{"id":242180,"date":"2025-11-13T10:11:02","date_gmt":"2025-11-13T10:11:02","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=242180"},"modified":"2026-04-11T15:18:39","modified_gmt":"2026-04-11T15:18:39","slug":"din-cauza-inflatiei-mari-dupa-transferarea-aproape-integrala-a-majorarii-tva-in-preturi-dobanda-cheie-inchide-2025-in-stagnare-la-65","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=242180","title":{"rendered":"Din cauza infla\u0163iei mari, dup\u0103 \u201etransferarea aproape integral\u0103\u201c a major\u0103rii TVA \u00een pre\u0163uri, dob\u00e2nda-cheie \u00eenchide 2025 \u00een stagnare, la 6,5%"},"content":{"rendered":"<p>\n<em><strong><span style=\"color:#b22222\">\u2666<\/span>&nbsp;Dob\u00e2nzi mai mici putem vedea posibil \u00een prim\u0103vara lui 2026, cred unii anali\u015fti.<\/strong><\/em><\/p>\n<p>\nDup\u0103 ce infla\u0163ia a urcat \u00een ultimele luni aproape de 10% \u00een urma cre\u015fterii fiscalit\u0103\u0163ii, BNR anticipeaz\u0103 acum o \u201esc\u0103\u00addere modest\u0103\u201c a infla\u0163iei \u00een urm\u0103toarele trei trimestre, \u015fi pe o \u201etraiectorie fluctuant\u0103 \u015fi semnificativ mai ridicat\u0103\u201c dec\u00e2t cea din proiec\u0163ia precedent\u0103 din cauza efectelor \u201epeste a\u015ftept\u0103ri\u201c ale expir\u0103rii la 1 iulie a schemei de plafonare a pre\u0163ului la energia electric\u0103 \u015fi ale major\u0103rii TVA \u015fi a accizelor de la 1 august.<\/p>\n<p>\n\u00cen aceste condi\u0163ii, boardul BNR a decis s\u0103 men\u0163in\u0103 dob\u00e2nda-cheie \u015fi la ultima \u015fedin\u0163\u0103 de politic\u0103 monetar\u0103 din anul 2025 la 6,5%, nivel stabilit \u00een august 2024. BNR vorbe\u015fte acum de \u201etransferarea aproape integral\u0103\u201c a ma\u00adjor\u0103rii cotelor de TVA asupra pre\u0163urilor de consum\u201c, inclusiv pe fondul rezilien\u0163ei cererii pe anumite segmente.<\/p>\n<p>\n\u00cen privin\u0163a economiei, datele indic\u0103 o cvasistagnare a activit\u0103\u0163ii economice pe ansamblul \u00een S2\/2025, asociat\u0103 \u00eens\u0103 cu o cre\u015ftere a dinamicii anuale a PIB \u00een T3\/2025.<\/p>\n<p>\nC\u00e2t prive\u015fte creditarea, BNR men\u0163ioneaz\u0103 c\u0103 \u201edinamica anual\u0103 a creditului acordat sectorului privat \u015fi-a prelungit descre\u015fterea\u201c \u00een septembrie 2025, ajung\u00e2nd la 7,5%, de la 8% \u00een august, \u00een principal sub influen\u0163a sc\u0103derii varia\u0163iei \u00eemprumuturilor companiilor, dar \u015fi \u00een condi\u0163iile \u00een care ritmul creditului \u00een lei pentru locuin\u0163e \u015fi-a stopat ascensiunea, iar cel al creditul \u00een lei pentru consum a continuat s\u0103-\u015fi reduc\u0103 nivelul de dou\u0103 cifre.<\/p>\n<p>\n\u00cen perspectiv\u0103, BNR poate reduce dob\u00e2nda-cheie de-abia \u00een anul 2026, posibil \u00een prim\u0103var\u0103, dup\u0103 cum cred unii anali\u015fti.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dup\u0103 ce infla\u0163ia a urcat \u00een ultimele luni aproape de 10% \u00een urma cre\u015fterii fiscalit\u0103\u0163ii, BNR anticipeaz\u0103 acum o \u201esc\u0103\u00addere modest\u0103\u201c a infla\u0163iei \u00een urm\u0103toarele trei trimestre, \u015fi pe o \u201etraiectorie fluctuant\u0103 \u015fi semnificativ mai ridicat\u0103\u201c dec\u00e2t cea din proiec\u0163ia precedent\u0103 din cauza efectelor \u201epeste a\u015ftept\u0103ri\u201c ale expir\u0103rii la 1 iulie a schemei de plafonare a pre\u0163ului la energia electric\u0103 \u015fi ale major\u0103rii TVA \u015fi a accizelor de la 1 august.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[185,9805,7822,7125,184,61300,340],"class_list":["post-242180","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bnr","tag-dobanda-cheie","tag-energie-electrica","tag-fiscalitate","tag-inflatie","tag-majorarea-tva","tag-preturi"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/242180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=242180"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/242180\/revisions"}],"predecessor-version":[{"id":242200,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/242180\/revisions\/242200"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=242180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=242180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=242180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}