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Future Inflation Index fell 1.2 points m/m in December - BIEC

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Future Inflation Index fell 1.2 points m/m in December - BIEC
Source: Pixabay

The Future Inflation Index (WPI), which forecasts the direction of consumer prices for several months ahead, declined 1.2 points on a monthly basis in December, the Bureau of Investment and Economic Cycles (BIEC) reported. 

It was the fifth consecutive and strongest decline in its value; inflation expectations formulated by business and household executives weakened.

Source: ISB News 

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