The BNA, whose inflation target remains at 23.4%, expects inflation to start declining in the coming months, despite the lack of support for such a projection in the recent evolution of key financial indicators.
The recent behaviour of the oil market, with prices declining since the beginning of SEP. and in a situation of high volatility, could contribute to an economic slowdown, but also to a lower inflow of revenues and foreign exchange, thereby accentuating the fragility of the kwanza. READ MORE