17:16, 1.07.2008 Intl Oil, Food Prices Rise To Add 0.6 Pp To Romaniaas Curr Acct Def To 13.6% Of GDP

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BUCHAREST / 17:16, 1.

07.2008 The combined rise in prices for oil and food products is seen adding 0.6 percentage points to Romaniaa€™s 2008 current account deficit, which is seen at 13.6% of gross domestic product, the IMF said in a report Tuesday.According to IMF estimations, the rise in international crude oil prices would add 0.5 percentage points while food prices would contribute by 0.1 percentage points.Romania’s current account deficit widened 7.5% on the year in January-April to...

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