Headline inflation returned to the target given monetary policy consistency and close synergy to control inflation between BIand the central and regional government in the National and Regional Inflation Control Teams (TPIP and TPID) through the National Movement for Food Inflation Control (GNPIP) in various regions.
Moving forward, the central bank is confident that inflation will remain manageable in the 3.0%±1% target corridor for the remainder of 2023. (WHY)