2000News

Single-digit inflation forecast for year's end

According to the Central Bank, inflation from November 1999 to November 2000 was 8.14%. The 12-month average was 7.39%. Accumulated inflation for this year through November is 7.83%. Thus, the Central Bank is forecasting that inflation will be single digitized, despite the hefty increases in price variations that reflect the increases in the cost of money and the price of fuel.