WebMar 22, 2024 · The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 9.2% in the 12 months to February 2024, up from 8.8% in January. The largest upward contributions to the annual CPIH inflation rate in February 2024 came from housing and household services (principally from electricity, gas, and other fuels), and food and … WebIn 2024, the Central Bank of Trinidad and Tobago set the monetary policy rate at 4.91 percent, an increase of more than two percentage points when compared to 2013, when …
When will the CBTT raise rates? Business Extra
WebIndia Inflation Rate Eases Only Slightly to 6.4%. The annual consumer price inflation in India slowed slightly to 6.44% in February of 2024 from 6.52% in January, compared to market forecasts of 6.35%. The inflation stayed above the Reserve Bank of India target of 2-6% for a second consecutive month, after a slowdown in the last three months of ... WebMar 17, 2024 · Against this background, the CBTT’s Monetary Policy Committee will carefully balance the need to support economic activity within the mandate to control inflation." Despite the slowdown in energy sector revenues, the authorities have preserved high foreign reserves and a stable exchange rate, both due to TT's current account … top french news site
Inflation in T&T and Abroad - Trinidad and Tobago
WebJul 18, 2024 · The Central Bank of Trinidad and Tobago (CBTT), much like the Federal Reserve, is tasked with managing the interest rate environment through the use of the Repo rate in order to influence the rate of borrowing in the economy. ... While the main intention of interest rate increases is to reduce inflation and create price stability, it is likely ... WebJun 18, 2024 · ON FRIDAY, the Central Bank will announce whether it will increase the country’s repo rate from 3.5 per cent to address rising inflation in the economy.In March, the interest rate-setting http://ksdot.org/Assets/wwwksdotorg/bureaus/burStructGeotech/pdfs/inflation.pdf top french names boy