mnb statement, 2006-03-20
Although the tax cuts early in 2006 have resulted in a smaller-than-expected fall in prices and, therefore, annual consumer price inflation may turn out higher in 2006 than expected earlier, recent data on wages and consumer prices as well as disinflation of market services prices which started in the early months of the year have not, overall, changed the favourable medium-term outlook for inflation.
Sentiment: neutral
Topic: mp_inflation