Consumption prices increased in April by 0.5% while the annual inflation rate was 8.2% according to an average of opinions expressed by the members of the financial analysis’s association. The opinions over the monthly inflation varied from 0.3% to 0.7% and estimates regarding the annual rate were between 8.0% and 8.4%.
For the end of 2011 the members of the association placed the annual inflation rate at 5.3% (with estimates varying from 5% to 5.9%. Moreover, analysts estimate that for the end of 2012 the annual inflation rate will decrease to 4.5% (estimates varying from 3.6% to 5%. The association was created in 2008 and reunites about 70 financial and banking analysts.
