Inflation ticked up in March to 7.1% year on year from 7% in February as food and transport costs failed to abate. Food and nonalcoholic beverages increased by 14% year on year, while transport costs accelerated by 8.9% during the period. Business Day TV sat down with Xhanti Payi, an economist at PwC, for his analysis of the print and what it suggests for monetary policy.
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