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INFLATIONARY PRESSURES ARE FALLING - CRO CENTRAL BANK'S OFFICIAL

ZAGREB, Sept 19 (Hina) - Inflationary pressures are easing, Croatian National Bank's Deputy Governor, Boris Vujcic said at Tuesday's regular session of the committee in charge of cooperation between the central bank and the Finance Ministry.
ZAGREB, Sept 19 (Hina) - Inflationary pressures are easing, Croatian National Bank's Deputy Governor, Boris Vujcic said at Tuesday's regular session of the committee in charge of cooperation between the central bank and the Finance Ministry.#L# Vujcic confirmed his statement quoting the data that July's seven- percent inflation (compared to July 1999) fell to 6.5 percent in August. According to a statement which the Finance Ministry issued after the session, considering the rise in retail prices, inflation came to 4.1 percent in June, while it fell to 3.8 in July and to 3.7 in August. Participants in the session emphasised that trends in inflation should carefully be followed in the coming period. The committee expressed satisfaction with the course of preparations for a project for the final settlement of the rest of the state debt in relation to ensured deposits with bankrupt banks, read the statement. (hina) jn ms

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