The upside risks to our inflation forecasts for this year are building given the sharp rise in vegetable prices in July and El Niño related weather uncertainties. We aren't inclined to forecast further policy tightening just yet but there is a growing chance of a delayed start to the easing cycle.
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