Mixed Signals on Inflation

Introduction
Inflation is a challenging issue to address. It has spiked since the start of the year, causing disappointment for the government, which has failed to keep its electoral promise to manage inflation. By August, inflation had reached 3.4%, down from 3.6% in 2024, and it is projected to approach 4% by year-end. Aware of its effects on the cost of living, particularly for low-income families, the government could not ignore this criticism. After observing ...