The greatest threat to macro-economic stability in the coming months are the prevailing high consumer prices. Prices are rising across a broad spectrum of goods and services and impacting the cost of living adversely — especially for those on low income.
Of course, the cost of living crisis the citizens are experiencing will not be reflected in official statistics. Traditionally, our central bank becomes more concerned whenever there are upsurges in underlying inflation (jargon for inflationary pressures in the economy arising from factors other than increases in prices of food and fuel).
