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IMF Sees Romania’s Inflation Slowing To 6.3% In ’08

Romania’s 2008 consumer price index is seen rising by 6.3% at the end of the year, a slowdown compared with 6.57% in December 2007, the International Monetary Fund, or IMF, said in a report.
IMF Sees Romania’s Inflation Slowing To 6.3% In '08
09 apr. 2008, 17:52, English
But central bank governor Mugur Isarescu said Wednesday that the inflation will end between 5% and 6% this year, peaking at 8.5% at the end of March. For 2008, the Romanian central bank has set an inflation target of 2.8%-4.8%.
 
The IMF sees inflation dropping sharply to 4% in 2009, touching the 2.5%-4.5% target established by the central bank.
 
Romania’s economic growth is seen slowing to 5.4% this year, compared with 6% in 2007. Romania’s Prognosis Commission sees a real gross domestic product increase of 6.5% this year and 6.1% in 2009.