Sentences with phrase «gradual decline in inflation»
Growth at that sort of pace should allow some lessening of domestic capacity pressures, and thereby generate a gradual decline in inflation.
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Within his first week in office, he lifted capital controls that had prevented companies from repatriating dividends and devalued the peso, ending years of a gradual - decline policy that kept the currency overvalued as inflation soared.
A clear, although gradual, shift has occurred in respondents» medium - term inflation expectations, with the share of respondents expecting inflation to be less than 3 per cent per annum declining steadily since early last year.
At the same time, the overall inflation rate is being held down by the gradual pass - through of the exchange rate appreciation, with prices of tradable items in the CPI declining slightly in recent quarters.
Mr. Speaker, interest rates in 2017 continued to decline in response to the gradual improvement in the macreconomic fundamentals, easing inflation and exchange rate stability.