Inflation pressure will not be high

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(VOVworld)-The national financial supervision committee has released a report on the country’s macro economy. It said that this year Q1’s growth rate will be higher than last year and predicted the annual growth rate to reach 5.3% with an inflation rate of below 7%. The committee wrote that the aggregate demand is still limited and brought little impact on inflation, especially in the context of falling rice prices and less price fluctuation in the world market. It concluded that inflation target for the year will depend on prices of basic necessities and foreign exchange rate.

(VOVworld)-The national financial supervision committee has released a report on the country’s macro economy. It said that this year Q1’s growth rate will be higher than last year and predicted the annual growth rate to reach 5.3% with an inflation rate of below 7%. The committee wrote that the aggregate demand is still limited and brought little impact on inflation, especially in the context of falling rice prices and less price fluctuation in the world market. It concluded that inflation target for the year will depend on prices of basic necessities and foreign exchange rate.

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