Friday, December 2, 2011

Mauritius yr/yr inflation to fall to 5.1 pct: cbank

A vendor sells chillies at a food market in Port Louis June 26, 2008.
PORT LOUIS - Mauritius' central bank governor said on Friday year-on-year inflation would fall to 5.1 percent this year compared with 6.1 percent last year.
A central bank rate-setting meeting is due next week, with some analysts predicting the bank will be under pressure to cut its rate, now at 5.5 percent, as inflationary pressures weaken.

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