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November Inflation Rate to Increase Further to 18.45%

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We expect the November 2016 inflation rate (year-on-year) to increase further to 18.45% from 18.33% recorded in the month of October 2016. The expected increase in the inflation rate will be driven by higher prices within the Food and Non-Alcoholic Beverages division, as well as the depreciation in the foreign exchange rate during the month. ...

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