The Bank of Jamaica says, although inflation is trending down, it recognises that prices are still high, and as a result, it will continue to pursue its primary mandate to keep inflation within its four to six per cent target range during the medium term.
This, as consumers continue to complain about the high prices of agricultural items during the Christmas season.
Food and non alcoholic beverages account for 37.5% of the weights included in the basic basket, used to measure the rate of inflation.
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