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Thursday, April 2, 2015
Expected Inflation rate still high
If the price movements in the consumer goods in March would increase the Consumer Price Index (CPI) to 165.59 points, representing a month-on-month increase of 0.71%. We estimate that the increase in the CPI in May will produce an inflation rate (year-on-year) of 20.0%, same as the figure recorded in the month of January 2015. Looking ahead, the inflation rate for the month of April 2015 is expected to be higher than the March 2015 figure.
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