News Summary

• Inflation data and the monetary policy decision to be announced by the Central Bank’s Monetary Policy Committee on June 11 are seen as particularly important.
• The inflation rate is being closely watched by a wide range of groups, as it will help clarify the six-month inflation figures that affect salary increases for civil servants and retirees.
• In April, the Consumer Price Index rose 4.18 percent on a monthly basis while annual inflation was recorded at 32.37 percent.