Quotes
We came off a very high inflation and we haven’t fully returned to 2 percent on a sustainable basis,
he said at an event on Friday As we parse the incoming information, we are focused on separating the signal from the noise as the outlook evolves,
Despite the downward trend (of the CPI), a slowdown is not expected in March. The start of the school year and the reactivation of key sectors could generate some seasonal pressure on prices,
said Clara Alesina, economist at LyP The government's goal of breaking the 2% barrier has not been fully realized, and in February, inflation may have even accelerated,
said consulting firm Eco Go in a report Efforts to slow inflation included lowering the crawling peg to 1%, intervening in the exchange rate gap, and the discretionary updating of tariffs – which remained considerably below inflation – all aimed at moderating the indicator, but with limited success,
However, in the second half of the month, increases exceeded expectations, largely driven by higher prices in Food and Non-Alcoholic Beverages, particularly meat,
We do expect the correction in vegetable prices to start reversing, possibly as early as March, with risks from heatwaves and weather-related disruptions to crops,
This will bring the repo rate to 5.50% by end-2025, which we identify as being close to the neutral rate,
Wholesale Price Index (WPI) is expected to moderate to 2.0 per cent (y/y) in Feb'25, low from 2.3 per cent in the previous month, due to cooling in oil prices and a seasonal drop in food prices."
During the month of February 2025, NSO collected prices from 100 percent villages and 98.6 percent urban markets while the market-wise prices reported therein were 89.8 percent for rural and 92.6 percent for urban,
