Monday, January 25, 2010

Inflation zero in December 2009

The surprise figure keeps inflation for 2009 at 3.9%, still above the government's price stability target range.
The Consumer Price Index for December, released on Friday 15 of January 2010 remained unchanged, in stark contrast to earlier predictions of analysts, who predicted a rise of at least 0.3%. The annual inflation rate for 2009 stands at 0.9% over the upper limit of the price stability target range set by the government(ie 3%).

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