The headline inflation rate inched up slightly to 1.3% yoy in March, from +1.2% in February. This was the fourth consecutive month of increase but it has been hovering at around 1.2-1.3% in the 1Q, indicating that price pressure remained not strong, as traders might have difficulties in raising prices due to keen competition. Stronger growth was due to a pick-up in food & non-alcohol beverage prices, while the core inflation rate remained stable during the month.
Economic Highlights : Inflation Rate Inched Up Marginally To +1.3% Yoy In March -23/04/2010
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