Institute for economic and social research - till June, 1 euro - 90 dinars

Untill June of this year, euro will be worth 90 dinars - announced Kosovka Ognjenovic, associate of the Institute for economic and social researches. She pointed out, that despite the fact that inflation was 1.9% in the first two months of this year, increase of the retail prices by half of the year would between 3.7 and 4.1% Ognjenovic stressed that the projected one figured rate of inflation could be made if there was a balance between the offer and request. "In the first half of the year we expect an increase of bruto domestic producs from 5.2 to 65.7%, while industrial production should grow by 2.5%. Good tendencies are in the foreign trade which could be continued in this year as well, with the increased export, which means that dinar value of foreign trade deficit in the first 6 months of this year would be lower for 13% compairing to the same period of the last year", said Ognjenovic.