What returns did Pillar II funds have in the first seven months of the year?
Inflatie
The nominal returns of the seven Pillar II private pension funds were around 8%, in the first seven months of this year, respectively 14-16% in the period July 2023 - July 2024, performances above those achieved in normal. They are really positive returns given that inflation, reflected by the Consumer Price Index, was 5.4% this July compared to July last year, respectively 3.2% compared to December 2023, according to data from the National Institute of Statistics. • Almost 28% increase in the
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