Inflation pressure is likely to rise in the coming months, with CPI in June possibly hitting as high as 6%.
Despite various uncertainties, monetary tightening economic polices have started to show an effect, along with the slowdown of the money supply and credit growth, and with a drop in market demand and export growth, inflation is expected to peak in the coming month.
Since inflation remains the focus, monetary-tightening policies will be maintained. The central bank is likely to add 25 basis points in interest rates and 100 basic points in reserve requirement ratio.
Despite various uncertainties, monetary tightening economic polices have started to show an effect, along with the slowdown of the money supply and credit growth, and with a drop in market demand and export growth, inflation is expected to peak in the coming month.
Since inflation remains the focus, monetary-tightening policies will be maintained. The central bank is likely to add 25 basis points in interest rates and 100 basic points in reserve requirement ratio.
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