Prognosis Commission revises 2019 year-end inflation estimate upwards to 3.2 pct

The National Strategy and Prognosis Commission (CNSP) revised upwards to 3.2 pct its year-end inflation forecast for 2019, changing also its average exchange rate estimates upwards to 4.74 lei/euro, according to the CNSP Spring Outlook 2019 - 2022.According to CNSP winter estimates, inflation was seen at 2.8 pct at the end of the year and the average exchange rate was projected at 4.67 lei/euro. The annual average inflation is seen at 3.4 pct in the current ...

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