Market & Economic Update

The Central Bureau of Statisitics (BPS) will release inflation data for September today, which is believed to be under control after posting a 0.02% deflation in August 2016. Year to date, the inflation was recorded at 2.79% per August, lower than 3.21% a previous year. For the full year, inflation is predicted to reach 3%. The La Nina factor could affect the production of some commodities while the government’s policy for the import relaxation would offset.

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