Future Inflation Index fell 1.2 points m/m in December - BIEC
13:29
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