Trinidad and Tobago governor's inflation speech
Rocketing food prices are to blame for the rising inflation according to Ewart Williams, governor of the Central Bank of Trinidad and Tobago.
Inflationary momentum has continued through 2006 with 12-month inflation reaching 8% in July, the governor noted in a speech in early August. The main driver of this has been identified as the rise in food prices, which reached an annual increase of 24% in July.
Click here to read the opening remarks by Ewart Williams, governor of the Central Bank of
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