{"id":693283,"date":"2026-05-19T08:46:03","date_gmt":"2026-05-19T08:46:03","guid":{"rendered":"https:\/\/microscopemedia.com\/?p=693283"},"modified":"2026-05-19T08:46:03","modified_gmt":"2026-05-19T08:46:03","slug":"isarescu-avertizeaza-asupra-inflatiei-ormuz-a-generat-soc-amplu-isarescu-salariile-se-deterioreaza-in-termeni-reali-dar-ne-ajuta-in-lupta-cu-inflatia","status":"publish","type":"post","link":"https:\/\/microscopemedia.com\/?p=693283","title":{"rendered":"Is\u0103rescu avertizeaz\u0103 asupra infla\u021biei Ormuz: \u201eA generat \u0219oc amplu\u201d. Is\u0103rescu: \u201eSalariile se deterioreaz\u0103 \u00een termeni reali, dar ne ajut\u0103 \u00een lupta cu infla\u021bia\u201d"},"content":{"rendered":"
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Is\u0103rescu a explicat c\u0103, dup\u0103 primele dou\u0103 luni \u00een care infla\u021bia urma o direc\u021bie descendent\u0103, situa\u021bia s-a schimbat odat\u0103 cu \u0219ocul de pe pie\u021bele de petrol \u0219i gaze naturale. Guvernatorul BNR a vorbit despre a\u0219a-numita \u201einfla\u021bie Ormuz\u201d, despre care se discut\u0103 \u00een Europa, \u0219i care a produs efecte \u00een lan\u021b asupra pre\u021burilor la energie, \u00eengr\u0103\u0219\u0103minte, produse chimice, materii prime agricole \u0219i aluminiu.<\/p>\n

\u201eInfla\u021bia Ormuz\u201d \u0219i scumpirile \u00een lan\u021b<\/h2>\n

\u201eA crescut foarte mult pre\u021bul \u00eengr\u0103\u0219\u0103mintelor\u201d, a spus Mugur Is\u0103rescu, subliniind c\u0103 evolu\u021biile externe au afectat ritmul de temperare a infla\u021biei.<\/p>\n

Potrivit guvernatorului BNR, cre\u0219terea abrupt\u0103 a pre\u021bului \u021bi\u021beiului a avut un efect invers fa\u021b\u0103 de tendin\u021ba de sc\u0103dere a infla\u021biei, iar \u0219ocul s-a transmis rapid c\u0103tre mai multe pie\u021be importante pentru economie.<\/p>\n

Salariile \u021bin infla\u021bia \u00een fr\u00e2u, dar popula\u021bia simte presiunea<\/h2>\n

\u00cen acela\u0219i timp, guvernatorul BNR a ar\u0103tat c\u0103 infla\u021bia de baz\u0103, asupra c\u0103reia banca central\u0103 poate ac\u021biona mai direct, a continuat s\u0103 decelereze. Explica\u021bia vine \u00eens\u0103 cu un cost social important: reducerea cererii de consum, sl\u0103birea activit\u0103\u021bii economice \u0219i sc\u0103derea costurilor unitare cu for\u021ba de munc\u0103.<\/p>\n

Is\u0103rescu a afirmat c\u0103 evolu\u021bia costurilor salariale este \u201esurprinz\u0103tor de bun\u0103\u201d din perspectiva infla\u021biei, dar a admis c\u0103 situa\u021bia nu este favorabil\u0103 pentru popula\u021bie. Men\u021binerea salariilor, \u00een condi\u021biile \u00een care acestea se deterioreaz\u0103 \u00een termeni reali, ajut\u0103 la lupta cu infla\u021bia, \u00eens\u0103 este dificil\u0103 din punct de vedere social.<\/p>\n

Consum mai slab, infla\u021bie mai mic\u0103<\/h2>\n

Guvernatorul BNR a ar\u0103tat c\u0103 \u0219i sc\u0103derea volumului cifrei de afaceri din comer\u021bul cu am\u0103nuntul este \u201esocial dureroas\u0103\u201d, dar contribuie la temperarea infla\u021biei. Companiile \u0219i-au optimizat cheltuielile de personal, pe fondul sl\u0103birii activit\u0103\u021bii economice, iar pia\u021ba muncii s-a detensionat.<\/p>\n

Potrivit lui Mugur Is\u0103rescu, acestea sunt efectele ajust\u0103rii fiscale, care a dus la o devia\u021bie a PIB-ului \u201eputernic negativ\u0103\u201d, semn al restr\u00e2ngerii activit\u0103\u021bii economice. Partea bun\u0103, a spus el, este c\u0103 aceast\u0103 evolu\u021bie tempereaz\u0103 cererea \u0219i ajut\u0103 la reducerea presiunilor infla\u021bioniste.<\/p>\n

\u201eS\u0103 vedem cum putem s\u0103 o calibr\u0103m mai bine ca s\u0103 fie \u0219i suportabil\u0103 social\u201d, a declarat guvernatorul BNR.<\/p>\n

Investi\u021biile, singura cale pentru o cre\u0219tere f\u0103r\u0103 infla\u021bie<\/h2>\n

\u00cen privin\u021ba economiei, Is\u0103rescu a spus c\u0103 a\u0219tept\u0103rile nu sunt optimiste, dar nici \u201edezastruos pesimiste\u201d, ci realiste. El a remarcat o traiectorie pozitiv\u0103 a investi\u021biilor \u00een ultimele trimestre din 2025 \u0219i a exprimat speran\u021ba c\u0103 aceast\u0103 tendin\u021b\u0103 va continua \u0219i \u00een 2026.<\/p>\n

Guvernatorul BNR a avertizat \u00eens\u0103 c\u0103 evolu\u021bia viitoare va depinde tot mai mult de finan\u021barea din surse externe, care are nevoie de continuitate politic\u0103. \u201eCriza politic\u0103 nu ajut\u0103 \u00een acest sens\u201d, a spus Is\u0103rescu.<\/p>\n

Is\u0103rescu: Nu po\u021bi face corec\u021bie fiscal\u0103 \u0219i cre\u0219tere pe consum \u00een acela\u0219i timp<\/h2>\n

Potrivit acestuia, Rom\u00e2nia nu poate face simultan corec\u021bie fiscal\u0103 \u0219i cre\u0219tere bazat\u0103 pe consum, deoarece cele dou\u0103 direc\u021bii sunt conflictuale. \u00cen schimb, investi\u021biile pot sus\u021bine o cre\u0219tere economic\u0103 solid\u0103 \u0219i neinfla\u021bionist\u0103, f\u0103r\u0103 s\u0103 creeze probleme \u00een rela\u021bia cu creditorii externi.<\/p>\n

Is\u0103rescu a explicat c\u0103 investi\u021biile au \u00eenc\u0103 o pondere redus\u0103 \u00een PIB \u0219i trebuie s\u0103 creasc\u0103 semnificativ pentru a compensa sc\u0103derea consumului. Totu\u0219i, aceasta este zona prin care economia poate fi sus\u021binut\u0103 f\u0103r\u0103 reaprinderea infla\u021biei.<\/p>\n

Ve\u0219ti bune: deficitul comercial \u0219i contul curent s-au redus<\/h2>\n

Is\u0103rescu a vorbit \u0219i despre o \u201eavalan\u0219\u0103 de ve\u0219ti relativ bune\u201d, men\u021bion\u00e2nd sc\u0103derea deficitului comercial, mai ales \u00een a doua parte a anului 2025, pe fondul unui an agricol favorabil \u0219i al temper\u0103rii cererii de consum.<\/p>\n

De asemenea, soldul contului curent s-a redus, ceea ce indic\u0103 o direc\u021bie bun\u0103, chiar dac\u0103 evolu\u021bia nu este spectaculoas\u0103.<\/p>\n

Speran\u021be pentru un nou an agricol bun<\/h2>\n

Guvernatorul BNR a mai spus c\u0103 sper\u0103 ca Rom\u00e2nia s\u0103 aib\u0103 un an agricol bun \u0219i \u00een 2026, preciz\u00e2nd c\u0103, p\u00e2n\u0103 acum, lucrurile arat\u0103 favorabil.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is\u0103rescu a explicat c\u0103, dup\u0103 primele dou\u0103 luni \u00een care infla\u021bia urma o direc\u021bie descendent\u0103, situa\u021bia s-a schimbat odat\u0103 cu \u0219ocul de pe pie\u021bele de petrol \u0219i gaze naturale. Guvernatorul … Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":693284,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/693283"}],"collection":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=693283"}],"version-history":[{"count":0,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/posts\/693283\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=\/wp\/v2\/media\/693284"}],"wp:attachment":[{"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=693283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=693283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microscopemedia.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=693283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}