In the previous months, my forecast for inflation were:
- December: Actual 6.34% [Eric: 6.8%]
- Jan: Actual 6.4% [Eric: 5.7%]
- Feb: Actual 6.0% [Eric: 6.0%]
As you can see my forecast is not too far off from the actual inflation.
The chart (image) above has a comparison between my forecast vs actual since Sept 2022 as well.
So here's the forecast for the next 3 months:
- Mar: [4.69%] (Released Apr 12)
- Apr: [4.1%]
- May: [3.0%] - We are back to normal inflation level.
As you can observe, we will be at 3% inflation by May (release in June).
Exciting - isn't it?
Cheers,
Eric Seto, CIM, CPA
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