Seasonal volatility in food inflation continues to cause swings in consumer price inflation. However, with broader price pressures subdued and little sign of major policy loosening on the horizon, the government’s annual inflation target is unlikely to come under threat this year.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services