date:Oct 13, 2012
raised its benchmark rate, already the highest in the region, by 25 basis points to 10.75 percent.
The bank said the inflation would rise further to 12 percent this year and continue to grow until the first half of 2013 when it should start sliding back to its target band for this year and next of 4.5 percent, give or take 1.5 percentage points.
October inflation will surely go up due to an increase of taxes and excise duties, but I don't see higher prices in November when (inflation) will lik