developments should be monitored closely and monetary policy tightened further should inflation pressures increase. The …

Criteria are discussed. The authorities are taking measures to contain inflation. The inflation target has been raised to … particularly important given the role of expected inflation in wage settlements. …

anti-inflation policy that has led to a sharp decline in inflation. To institute a monetary policy framework, a nominal … currency in circulation, conduct more sophisticated tests to assess the relationship between inflation and the monetary …

Economic growth has recovered, but higher food and fuel prices have sparked a sharp rise in inflation. Monetary policy … has been tightened to contain core inflation and effects of the food and fuel price shocks. The government has allowed for …

. The TA should continue to focus on the developments of the nowcasting framework for inflation and gross domestic product … now includes the monthly forecasts of ten subgroups of the core CPI inflation as well as two subgroups of food inflation …, thus enabling the assessment of the key drivers of inflation as well as the nature of inflation shocks. It also allows for …