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Economy / Trinidad & Tobago

Macroeconomic Forecast Trinidad & Tobago

January 2011 | Macroeconomic Forecasts

BMI View: In line with our end-2010 estimate, retail price inflation (RPI) in Trinidad & Tobago continued cooling according during the latter stages of 2010, dropping from 16.23% y-o-y in August to just 12.52% by October, as the impact of severe flooding earlier in the year gradually abated. At present we estimate RPI came in 9.80% in 2010, and with prices set to continue suffering from subdued domestic demand - our real GDP growth forecast is just 2.3% in 2011 - we expect end-2011 RPI to come in at just 4.90%.

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