The members of the Association of Financial Banking Analysts (AAFBR) considers that the monthly inflation rate for June 2011 probably stood at 0.2% (estimates vary between 0.2% and 0.4%), whereas the annual rate was probably 8.5% (with estimates varying between 8.4% and 8.6%), according to a press release.

For the end of 2011, the members of the AAFBR, who answered an internal poll on the inflation rate in July, put the annual inflation rate at 5.4% (estimates range between 5.1% and 6.7%).

"Expectations concerning the annual inflation rate at the end of 2011 are up slightly compared to a month ago and to one month ago (5.3%), as well as compared to three months (4.8%). The estimate of members of the AAFBR, who answered the poll, put the annual inflation rate at 4.6% for the end of 2012 (estimates range between 4.0% and 5.0%), which marks a new raise (last month expectations stood at 4.5%)", the press release states.

Thus, predictions concerning the annual inflation rate at the end of 2012 have stabilized at a relatively high level, of about 4.5%, as compared to 3.5% in the beginning of the year.

The AAFBR is a professional association without any lucrative purposes, created in January 2008, which gathers about 70 analysts from the various areas of the financial industry such as banking, pension funds, asset management, insurance and equity markets.

C.P. (Translated by Cosmin Ghidoveanu)

The members of the Association of Financial Banking Analysts (AAFBR) considers that the monthly inflation rate for June 2011 probably stood at 0.2% (estimates vary between 0.2% and 0.4%), whereas the annual rate was probably 8.5% (with estimates varying between 8.4% and 8.6%), according to a press release.

For the end of 2011, the members of the AAFBR, who answered an internal poll on the inflation rate in July, put the annual inflation