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Croatian National Bank: inflation rate remains low

Izvor: HINA
ZAGREB, Dec 22 (Hina) - This year's inflation rate in Croatia, measuredby consumer prices, will be around 2.3 percent and despite higherprices of oil and some other factors which may affect the generalgrowth of prices, it is estimated that the inflation rate in 2005 willnot exceed 2.5 percent, it was said at a session of the CroatianNational Bank (HNB) Council on Wednesday.
ZAGREB, Dec 22 (Hina) - This year's inflation rate in Croatia, measured by consumer prices, will be around 2.3 percent and despite higher prices of oil and some other factors which may affect the general growth of prices, it is estimated that the inflation rate in 2005 will not exceed 2.5 percent, it was said at a session of the Croatian National Bank (HNB) Council on Wednesday.

A stable exchange rate, increased market competition, primarily in the commercial and financial sectors, and a modest growth of salaries should contribute the most to maintaining macroeconomic stability.

The HNB Council also discussed the latest economic and monetary trends as well as the situation in the banking system in the third quarter and adopted a monetary projection and a financial plan for next year.

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