Hard truths.
The Monetary Policy Committee said the global economic outlook has weakened, with growth now expected to come in at 3.0 per cent in 2026 compared to 3.5 per cent recorded in 2025.
Data shows sharp increases in vegetable prices alongside modest changes in fuel and electricity costs, highlighting mixed price movements across essential goods in the Consumer Price Index basket.
Presenting the November 2025 Monetary Policy Committee (MPC) update on Wednesday, Thugge said improved global conditions and recent policy moves at home were helping steady the economic outlook.