Economy: Further deepening in disinflation to a six decade low level of 0.8% in March 2025 - By Pearl Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We project the National Consumer Price Index (NCPI)-based inflation rate for March 2025 to decelerate to &uarr;0.8 YoY, the lowest level observed since December 1965, in sharp contrast to &uarr;20.68% YoY observed in the corresponding period last year, thereby depicting a &darr;71ps deceleration from &uarr;1.52% YoY observed in February 2025. On a month-on-month basis, we project a &uarr;1% MoM uptick in the CPI, indicating reacceleration as compared to &darr;0.86% MoM observed in February 2025 and marginally below the trailing 5-year average MoM inflation rate of &uarr;1.18%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Notably, we anticipate food inflation to plunge to a multi-decades low to re...