The Central Bank to surprise again

15/04/2006

The CB has come up with something new once again. “Regnum” agency has been informed by the CB news department that the inflation rate as of March covered 0,3% instead of the planned 0,4%. At the same time, according to the CB this rate is not connected with the 2,6% increase of the prices on goods, 2,9% increase of prices on services and decrease of prices by 0,8% on some other products. It is not clear whether this is a mistake or just they haven’t bought sugar recently, when its prices have been growing day by day. By the way, on the basis of the international “future” agreements the CB predicts decrease of the prices of sugar in the future. But this is not all. The CB continues to predict good economicalto digit economic marks in 2006, which has to do with “the optimistic expectations of economical businesses”.