RPP will refrain from raising interest rates. Economists agree before the meeting

Unexpected inflation data has led to a halt in interest rate hikes by the Monetary Policy Council (RPP). The core inflation's decline is significant, with projections suggesting it may fall below 3%. Despite favorable current inflation figures, future prospects remain challenging due to rising production costs and energy prices. The RPP's upcoming meeting will address these issues, with no rate increase expected in November. However, the council faces difficulties as inflation pressures may persist, complicating monetary policy decisions.