OREANDA-NEWS. April 25, 2008. The economic experts of IDIS "Viitorul" considered that in 2008 lei will strengthen and USD exchange rate can fall below 10 leis.

Such assessments were presented by the experts in the new issue of edition "Economic monitoring: quarterly analyses and forecasts ". In their opinion, only intervention of the National bank can keep the rate at the level of 10 - 10,5 leis per USD.

Thus, for the first time the monetary mass exceeds 50 % from GDP. According to assessment of IDIS "Viitorul" experts, 2008 is rather unpredictable. Crisis in industrial sector proceeds. At the same time, in 2008 real growth of the industrial output (5%) and significant growth of investments (15 %) will be registered.

In 2008, the inflation rate will decrease below 11 % and the cost of imported power resources will grow by 20 % and will be the main stimulator of the price increase. In 2008, the situation at the labor market of Moldova in the result of mass labor migration and plenty of informal employments becomes intense.

At the same time, according to estimations of the experts, use of manpower in Moldova is twice below potential and much more lags behind corresponding parameters of the European economy (45-46 % in comparison with 65 % in EU in 2007). The situation in agricultural complex remains complicated.

The prices for agricultural products will grow during all first half-year. During the summer months reduction of prices is expected. As to the economy, in 2008 the USD exchange rate to euro will range within the limits of \\$1,5 for euro.

Growth of world production of wheat is also expected, however it will not lead to reduction of prices, which have been growing in time of the last 3-4 years.