23 May 2018
April inflation surprises on the low side
By Janice Roberts
By Jason Muscat, FNB Senior Economic Analyst. April headline inflation surprised on the low side, printing at 4.5% y/y, below our expectations of 4.8%. Core inflation, which strips out food and non-alcoholic beverages, fuel and energy accelerated to 4.5% y/y from 4.1% the previous month. While the impact of the hikes in the April fuel...
