Monetary Policy
MPC Press Release - March 2016
Monday, 21 March 2016 00:00

Our forecasts indicate that, barring any further shocks, inflation will peak in the first quarter of 2016, and gradually decline thereafter towards the target band by mid-2017, same as our January forecast. The upside risks to the inflation outlook include uncertainties regarding the second round effects of the upward adjustment of the transportation costs and the tight external financing conditions.pdf-logoDownload full text in PDF

 

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