NewsWhore
10-25-2010, 01:50 PM
The Central Bank reports that the rate of inflation for the first three quarters of the year stands at 4.24%. Year-on-year inflation was 5.70%, with transportation being the biggest contributor to rising costs. Food, beverages and tobacco follow. The government now has a new item called the accumulated underlying inflation, which is described as the measurement of the monetary inflationary trend, isolated from the effects that prices suffer from outside shocks to monetary policy.
The report says that these results put the country in a favorable condition to fulfill the goal of a 2010 inflation rate of between 6% and 7% as established in the Stand-by Arrangement with the International Monetary Fund.
More... (http://www.dr1.com/index.html#2)
The report says that these results put the country in a favorable condition to fulfill the goal of a 2010 inflation rate of between 6% and 7% as established in the Stand-by Arrangement with the International Monetary Fund.
More... (http://www.dr1.com/index.html#2)