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The release of the country’s GDP results for the final quarter of 2023 brought several surprises, which we unpack in this Brief. For the total economy, GDP increased by 0.1% in the fourth quarter of 2023. For the full year 2023, GDP expanded by 0.6% in real terms. The big surprise, however, was that agriculture contracted by 12.2%. While BFAP has long since projected a decline, we believe this contraction was more in the region of 3-5%.
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This brief provides an overview of food inflation dynamics, its associated causes, and the cost of basic healthy eating for March 2024. Download here to read the report.
This brief provides an overview of food inflation dynamics, its associated causes, and the cost of basic healthy eating for February 2024. This version of the Food Inflation Brief also
The release of the country’s GDP results for the final quarter of 2023 brought several surprises, which we unpack in this Brief. For the total economy, GDP increased by 0.1%
