19:53, 23.09.2008 Romanian Inflation May Slow To 6% By Yr-End - Isarescu

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BUCHAREST / 19:53, 23.09.2008 Romanian inflation is on a downward path and might even go as low as 6% by the end of the year, central bank Governor Mugur Isarescu said at a press conference Tuesday.

"Romania"s inflation rate was 9% in July. After July"s peak, it went down and there is a tendency for it to reach 6% at the end of the year," Isarescu said. A  The governor said, however, that the authorities should ensure that wage growth is in line with productivity increases. A  "I"m not calling...

Read the whole story in: Mediafax