Implications of Decreasing Inflation for Both Households and the Economy at Large

According to official figures, there is a glimmer of hope for households as the rate of inflation decreased last month, alleviating the recent budget pressures. In March, inflation dwindled to 10.1%, declining after an unexpected rise to 10.4% in the prior month. However, the decrease was lower than what most economists had predicted and will provide little solace to households, who still face a surge in the cost of everyday necessities, including bread.