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Economics Update – Inflation to tick-up but stay manageable

Economics Note 07/03/2019    177

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  • Decreasing pork prices could temper the pace of food price inflation.
  • The hike in electricity prices by 8.3% in Mar 2019 could add 0.3% to headline inflation, according to our estimates.
  • CPI should stay manageable as the government administered price hikes are offset by anticipated food inflation price moderation.

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