US EditionInflation risks persist despite easing fuel costs – News Stand
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Inflation risks persist despite easing fuel costs – News Stand
Justicia Shipena Fuel price reductions announced in June, backed by over-recoveries in May, are expected to help keep the country’s headline inflation below 4% in the near term. This is according to Almandro Jansen, a junior economist at Simonis Storm Securities. Jansen said this brings some short-term relief for households, especially amid slow wage growth. However, he noted that underlying risks continue to weigh on the economic outlook. T…
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