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Economy / Algeria

Macroeconomic Forecast Algeria

May 2012 | Macroeconomic Forecasts

BMI View: Inflation in April came in at 11.0% y-o-y in the city of Algiers, with prices growing 0.9% in month-on-month terms. The figures reaffirm our expectation that inflation is set to increase in 2012, and we retain our forecast for consumer price inflation (CPI) to average 8.0% in the capital in 2012, up from 5.2% in 2011.

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