Inflation in both advanced and emerging markets to peak in last months of 2021 – International Monetary Fund projects
The International Monetary Fund (IMF) has said despite recent increases in headline inflation in both advanced and emerging market economies, long-term inflation expectations remain anchored.
Looking ahead, the IMF said, headline inflation is projected to peak in the final months of 2021 but is expected to return to pre-pandemic levels by mid-2022 for most economies.
But, it added, given the recovery’s uncharted nature, considerable uncertainty remains, and inflation could exceed forecasts for a variety of reasons.
“Clear communication, combined with appropriate monetary and fiscal policies, can help prevent ‘inflation scares’ from unhinging inflation expectations,” the Bretton Woods Institution stated.
Source: 3news.com
Related Posts
APA Apollo acquires majority stake in Tanzania’s Meticulous Insurance and Metro Life
APA Apollo Group has completed the acquisition of a majority shareholding in Meticulous General Insurance Company Limited and…
By
Jacqueline Karasha to take helm of SanlamAllianz Kenya
SanlamAllianz Kenya has appointed Jacqueline Karasha as Group Chief Executive Officer, effective 1 November 2026. She succeeds Dr.…
Unilever Nigeria reports 18% revenue surge to ₦184bn in Q3 2026
Unilever Nigeria Plc has reported revenue of N184 billion for the nine months ended September 30, 2026, an…
VFD Group appoints Ijeoma Emezie-Ezigbo as new Deputy Managing Director
VFD Group has appointed Ijeoma Emezie-Ezigbo as Deputy Managing Director, bringing a seasoned deal-advisory leader into its executive…
Gallery
