KFMIC Report: Friday, 12 December 2014

PNG Macro Environment

KFM still believes that GDP growth will increase over the next six months (c.6.0% FY2014) but will be underpinned by Gov’t spending; whilst growth in consumer and business activity to be moderate of pace. Inflation is likely to increase from the current 5.3% (last 12 months’) level to over c.6.0% over the next six months.

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