Report. The National Bank of Romania made public today a quarterly report on inflation.
The document has been reviewed and approved last week, in the Board of Trustees of the BNR. According to the report, the annual inflation rate will fall starting with August. Nevertheless, the economic risks caused from expenditure incurred during the election and the uncertainties around the world remain.
The analysts considered that the decision to increase rates by 0.25 percentage points the rate of the monetary policy interest indicates an inflation higher than the previous forecast of 6% per year, because of the maintaining tensions in the economy. The target of inflation proposed for 2008 is of 3.8% + / - one percentage point.
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