date:Dec 03, 2012
2011 (37 month high).
Analysts expect that the years' average CPI will decline to 3.3 per cent from 5.4 per cent in 2011. (For the first 9 months of 2012, inflation has averaged 2.84 per cent). This is lower than the 4 per cent set by the National Government. This may give more space for the government ministries to readjust macro-economic policy.
For the 4th quarter, Dr. Wang Yu Wen, from the Bank Financial Research Centre, suggests that the CPI year-on-year will be about 2.3 per cent highe