Inflation Continues Downward Trend: Central Bank Lowers Repo Rate By 50 Basis Points To 6.25 Per Cent

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The Central Statistical Office show that inflation continued on a downward trend for the fourth consecutive month. Headline Inflation, measured by the 12-month increase in the Index of Retail prices, fell to 4.3 per cent in August 2009 from 5.9 per cent in the previous month and from 11.6 per cent at the start of the year.

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