Inflation To Continue Falling

February 2008 | Economic Analysis

BMI View: At 7.6%, consumer price inflation in 2007 came within touching distance of our 7.8% forecast. Looking ahead, we are confident that the monetary authorities will remain committed to fighting inflation, and forecast an end-2008 headline rate of 6.8%. That said, the central bank will have to battle against underlying demand side pressures.

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