Inflation index 'falls'

23 March 2010 - 02:00
By unknown

THE consumer inflation index , the measure used by the Reserve Bank for its inflation target, is expected to have decreased to 5,7percent year-on-year in February from 6,2percent in January, according to a survey of 11 leading economists.

THE consumer inflation index , the measure used by the Reserve Bank for its inflation target, is expected to have decreased to 5,7percent year-on-year in February from 6,2percent in January, according to a survey of 11 leading economists.

This snaps the two months of increases above 6percent after the index had slipped back below 6percent for two months. - I-Net Bridge