Households expect inflation at double digit levels over a one year horizon
Median inflation expectation increased for one year horizon by 20 bps (one basis point is 0.01 percent) to 10.1 per cent in November 2023. “ Households expect some rise in price and inflationary pressures across major product groups for the year ahead ” said the findings of the central bank’s inflation expectation survey. Households expect some rise in price and inflationary pressures across major product groups for the year ahead.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
