The low inflation the people now enjoy is a result of the government’s programmed and persistent drive to tame inflation.
This is the outcome of a campaign to keep prices of goods affordable to families.
This can be gleaned from the almost across-the-board slower increase in the prices of food and non-alcoholic beverages, transport, and utilities.
Buoyed by the success of our plan, strategies on how to further decelerate inflation will be sustained.
Ramping up food production in conjunction with the targeted entry of food items that will plug supply gaps but done in a timely manner so they will discourage price and stock manipulation will also be implemented.
As we enter the holiday season, the government will be vigilant in seeing to it that prices will be stabilized at a level that will not dampen the spirit of the season.
We are upbeat in our belief that average inflation for 2024 will be better than expected. ###
