The latest consumer price index shows the slowest monthly rise in over a year, giving the central bank room to hold rates.
Consumer prices rose 6.2% year-on-year in June, the smallest increase since early last year, as fuel and transport costs held steady for a second straight month, the statistics bureau reported Wednesday.
Economists said the slowdown gives the central bank more room to keep its benchmark rate unchanged at next month’s policy meeting, though food prices remain a concern in rural districts.
The latest consumer price index shows the slowest monthly rise in over a year, giving the central bank room to hold rates.
The latest consumer price index shows the slowest monthly rise in over a year, giving the central bank room to hold rates.
The latest consumer price index shows the slowest monthly rise in over a year, giving the central bank room to hold rates.
The latest consumer price index shows the slowest monthly rise in over a year, giving the central bank room to hold rates.
