expansionary fiscal policy to alleviate the impact of inflation. The objective of this policy note is to examine the main …

Inflation measured by consumer price index (CPI) is defined as the change in the prices of a basket of goods and … services that are typically purchased by specific groups of households. Inflation is measured in terms of the annual growth … rate and in index, 2015 base year with a breakdown for food, energy and total excluding food and energy. Inflation measures …