Inflation Eases to 8-Month Low in February, Offering Some Relief
- Consumer price inflation eases to 23.06% YoY in February, an 8-month low
- Decline mainly driven by drop in food prices, which comprise over a third of basket
- Transport and housing costs also rose at slower pace
- Provides some relief to central bank holding policy rate at 22%
- Government raised energy prices and taxes to meet IMF programme conditions
