Concordia claims that the 10.4% level in June, announced on Monday by the National Institute of Statistics, represents a decrease compared to the maximum of 10.9% in May. In the opinion of the organization’s economists, the effects of VAT increases, energy price increases and fuel price increases will diminish in the coming months, allowing for an accelerated reduction in inflation.
Concordia estimates that inflation around 6% would bring more predictability to the economy and could create conditions for interest rate cuts. According to the employers’ associations, financing costs for the population and companies would decrease, which could support lending and investment.
„Such a level would bring more confidence and predictability and open the discussion about possible reductions in the monetary policy interest rate by the NBR. In turn, inflation anchored at significantly lower levels would facilitate the decrease in financing costs for the population and companies, g...

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