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Inflation forecasts: 0.9% for 2020 and 1.8% for 2021
09-11-2020 | STATEC

Inflation is expected to accelerate sharply over the coming months following the introduction of a CO2 tax in January and the dissipation of the downward effect of free public transport (introduced in March 2020). The rise in the price of crude oil would contribute, alongside the CO2 tax, to the rise in the price of oil products in 2021. Generally speaking, however, the deteriorated economic context should curb underlying inflation.