July Inflation Steady at 1.9%

Inflation remained steady at 1.9 percent in July, the same rate posted in June. This is also within the forecast range of 1.5 to 2.4 percent, though the average for the seven-month period was 1.4 percent. The target is between two to four percent from 2016 and 2018. The trend is expected to continue for the rest of the year because of low oil prices and adequate credit and domestic liquidity, among others…

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