Monthly Report - May '03

Author: Monetary Policy Departament
Printed on: 15.06.2003
Production date: 15.06.2003
Material category : Periodic Publications / Monetary Policy Report
Annual inflation rate for April 2003 resulted 2.8 percent. 'Foodstuffs and nonalcoholic'group prices provided an important impact on rising prices in this month,while transport prices were reduced as a result of the oil price decline. Inflation annual average rate resulted 3.5 percent, indicating a declining trend throughout 2003.