Inflation in 12 Months Recedes to 2.4%, but Experts Warn by Effect of Oil Rise

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Inflation surprised positively this Friday. The National Institute of Statistics (INE) reported that the Consumer Price Index (CPI) of February had a zero variation, falling below market expectations of 0.2%. With this record, prices accumulate a 0.4% increase between January and February, while in 12 months again their variation slowed down, going from 2.8% to 2.4% and falling below the Central Bank (BC) target of 3%. It is also its lowest leve…