President Mauricio Macri announced anti-inflationary measures
to reactivate the economy in recession-hit Argentina.
"While the inflation's decelerating trend is something we have anticipated, we remain driven to be bolder and more focused on our overall anti-inflationary measures
," the joint statement read.
'It was part of our anti-inflationary measures
and we are restarting our negotiations with Indonesia,' Agriculture Secretary Emmanuel F.
The economic team welcomed the 'marked slowdown' in headline inflation, which it attributed to 'the efficacy of anti-inflationary measures
taken by the government.'
He believes the anti-inflationary measures
so far being implemented by Duterte's fiscal and monetary authorities would mitigate the initial impact of the TRAIN-1 law.
Namely, the policies need to focus on macroeconomic fundamentals, progrowth, anti-inflationary measures
and pro-government savings.
According to them ,if adequate anti-inflationary measures
are not taken on top priority basis, the overall general inflation might remain in double digit figure which poses a severe threat to macro-economic stability.
It is possible to identify the anti-inflationary measures
targeting excess demand and inflation by tempering factors that determine costs.
Indian share prices fell for the first time this week on investors' concerns that anti-inflationary measures
being taken by the central bank have started to cool demand and hurt corporate earnings.
EThe recent decline is also attributable to a slight drop in cargo traffic with Asia, following the countercyclical and anti-inflationary measures
in China and the impact of the earthquake in Japan.
The inflation, he expected to be in the range of 1.5-2.0 per cent, as government has taken several anti-inflationary measures
With worries over inflation grabbing the headlines, the budget also includes some anti-inflationary measures
. Moreover, Mukherjee promised action on food security and pledged an increase in social spending.