ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Inflation Eases in Developing Countries Picks up in Industrial Area

INFLATION eased substantially in the developing countries in 1986, paced by steep declines for the Western Hemisphere and African countries, with negative inflation experienced by a significant number of countries, according to data in the June issue of International Financial Statistics (IFS), Consumer prices rose by an average of 33.8 per cent in 1986, the lowest annual rate since 1982, and well below the 50,3 per cent rate of 1985. While inflation moderated in both oil exporting and non-oil developing coun-tries in 1986, the latter group showed the sharper fall. Inflation in non-oil developing countries averaged 4

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