prognosis

Romania’s inflation is estimated at 4.3% at the end of 2009, slightly below the central bank's 4.5% upper limit target, and is seen falling to 3.5% next year, according to the National Prognosis Committee CNP's preliminary autumn forecast.

Romania’s National Prognosis Committee CNP revised down its forecast on the country’s economic growth for 2009 to minus 7.7%, from minus 4% it estimated in spring.

International Monetary Fund's prognosis on Romanian economy shows a budget deficit above 4% of the GDP in 2009, as the GDP is expected to shrink by 3%-4% this year, Romanian representative to the IMF Mihai Tanasescu told the top members of the Social Democratic Party PSD, part of the ruling coalition.

Romania’s Prognosis Commission, or CNP, revised upwards its estimations for the salary growth between 2008 and 2013, seeing a net average salary of 1,260 lei (EUR1=RON3.6773) this year and to RON1,930 in 2013.

Romania’s Prognosis Commission, or CNP, revised its forecast for the 2008 gross domestic product GDP growth to 9.1%, much higher than 6.5% growth rate previously estimated, the commission’s fall preliminary prognosis revealed.

Romania’s Prognosis Commission, or CNP, might revise this year’s estimation for the gross domestic product growth to 7.5%, from 6.5%, CNP president Ion Ghizdeanu said on Thursday.