Country Report Burundi February 2011

Outlook for 2011-12: Inflation

Global price spikes in the fourth quarter of 2010 and a global outlook for buoyant commodity prices will put pressure on Burundi's consumption basket, particularly given Burundi's susceptibility to international price increases. Furthermore, robust demand in areas such as construction and continued growth in the money supply will further add to inflationary pressure and we have raised our inflation forecast to an average of 13% in 2011 before falling back to 11% in 2012.

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