Monetary Policy Announcements

Inflation Falls: Central Bank Lowers Repo Rate by 50 Basis Points to 7.5 Per Cent

Central Bank Lowers Repo Rate By 50 Basis Points to 7.5 Per Cent. The Central Statistical Office indicate that headline inflation, measured by the 12-month increase in the Index of Retail Prices, slowed to 10.3 per cent in May 2009 from 11.9 per cent in the previous month..

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Central Bank Maintains Repo Rate At 8.0 Per Cent

The Central Statistical Office show a moderate increase in the domestic inflation rate. Headline inflation, measured by the 12-month increase in the Index of Retail Prices, rose to 11.9 Per Cent in April 2009 from 11.3 Per Cent in March..

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Central Bank Lowers Repo Rate by 50 Basis Points to 8.00 Per Cent

The Central Statistical Office headline inflation measured by the twelve-month change in the Index of Retail Prices, declined to 11.3 Per Cent in March from 11.7 Per Cent in the February 2009.

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Central Bank Lowers Repo Rate by 25 Basis Points to 8.50 Per Cent

The Central Statistical Office indicate that in the twelve months
to February 2009, headline inflation measured 11.7 Per Cent, the
same rate as in January 2009.

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Inflation Slows: Central Bank Maintains Repo Rate at 8.75 Per Cent

Recent data released by the Central Statistical Office indicate that headline inflation
slowed markedly to 11.7 per cent in the twelve months to January 2009 from 14.5 per cent in
December 2008 and from a high of 15.4 per cent in September 2008.

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Central Bank Maintains Repo Rate at 8.75 Per Cent

Central Statistical Office for 2008 indicate thatHeadline inflation edged up to 14.5 per cent on a year-on-year basis to December from 14.3 per cent in the previous month.

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