MNB certain that inflation will abate
Monetary Council delivers no surprise
Price increase is twice as sharp at daily shopping
It wasn't a delight to pop out to the corner store
Driven by fuel, tobacco prices
Consumer price index could have reached upper end of tolerance range in Dec19
Steady price pressure
No surprise there
No change in monetary policy conditions, as expected
Core inflation hits new record
Core inflation rises to 4%
Base effect helps
Monetary Council takes decision on interest rate conditions
Monetary easing in the next few months may be on the cards
What do analysts make of the latest data?
Consumer price rise below target
But there will be a few rough months
And higher inflation too
Turnaround in tax-adjusted core inflation index.