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Inflation Forecast: 1.9% in 2020
14-02-2020 | STATEC

STATEC anticipates a slight increase in inflation, approaching 2% for 2020 and 2021. This acceleration mainly stems from a stronger support of oil product prices. The forecast takes account of the introduction of free public transport on the 1st March 2020 (with a significant downward impact) and a further increase in excise duties on fuel expected in the coming months (playing slightly in the opposite direction).