th<\/sup>\u00a0consecutive month to 11.23%. The drop notwithstanding, showed a slower rate of price moderation than previous months. This indicates that we might be approaching the tipping point and inflation will begin to creep up again.<\/p>\nAlso noteworthy is the sharp increase in month-on-month (M-o-M) inflation now 1.23% (15.94% annualized). This increase is attributable to an uptick in food prices and supply shocks arising from higher diesel prices.<\/p>\n
In the attached\u00a0bulletin, the FDC Think-Tank analyses inflationary movements in June and its likely implications on interest rates and monetary policy.<\/p>\n
Do enjoy your read…[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row][vc_column][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Dear Subscriber, As widely expected and in line with analysts\u2019 consensus, June headline inflation (Y-o-Y) declined for the 17th\u00a0consecutive month…<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,35],"tags":[],"_links":{"self":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26793"}],"collection":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/comments?post=26793"}],"version-history":[{"count":1,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26793\/revisions"}],"predecessor-version":[{"id":26794,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/posts\/26793\/revisions\/26794"}],"wp:attachment":[{"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/media?parent=26793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/categories?post=26793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fdcng.com\/wp-json\/wp\/v2\/tags?post=26793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}