02 Apr 2026 | News & Feature

CPI: Stable prices now, stagflationary fears ahead

  • Stable food prices help guide inflation to decelerate to 3.48% YoY in March 2026, highlighting dividends paid on the government’s focus on domestic food supplies.
  • Excluding gold, core inflation appears to be heating up, although a further acceleration in economic activity may not be the factor that sparked the momentum.
  • Soft demand for loans and rising inflation pressures add uncertainties to BI’s policy signals.