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12 Month Inflation Expectation Adds Four Months to the Rise and Closes May at 2.89%
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Expectancy of inflation at 12 months adds four months to the rise and closes May at 2.89% For the fourth consecutive month, the expectation of inflation at 12 months recorded an upward trend in May of this year. According to the Survey of Macroeconomic Expectations of the Central Reserve Bank (BCR), the indicator stood at 2.89%. This level approaches the upper limit of the target range of the issuing entity (1%-3%).The result consolidates... Thi…
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