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KFMIC Report: Friday, 13 June 2014

PNG Macro Environment

KFM now believe that GDP growth will be flat at best over the next six months, as more evidence emerges of weaker business activity and confidence. Uncertainty is likely to be reflected in weaker consumer activity and weaker business investment. We retain our view that inflation of will increase from the current 3.8% level to more like 5-6% over the next six months.

Click on the image below to view the full Investment Committee Report in PDF.kfmic0613

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