Dear Subscriber,

Headline inflation declined as widely expected to 13.34% in March. All inflation components moved in the same direction with the exception of month-on-month (MoM) inflation. The most critical of the data released is the fact that MoM inflation increased, which could be a point of inflection to the downward inflation trend.

In the attached bulletin, the FDC Think-Tank analyses inflationary movements in March and provides a summary of commodity price movements this week.

Do enjoy your read…