Simple thread to update the progress and regress of Caribbean economies
Headline inflation slowed for the third consecutive month in February to just over six per cent from nine per cent in November 2014, the Central Bank said yesterday. “The slowdown in food inflation, as a result of higher food supply and favourable weather conditions, contributed to the deceleration in headline inflation. This easing in headline inflation may be short lived, as inflationary pressures are expected to pick up in the rest of 2015 due to a number of factors,” the Bank stated in its latest Monetary Policy announcement.
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