The Bank of Papua New Guinea Governor Loi Bakani stated in its Monetary Policy Statement for the month of September 2016.
The statement showed that the inflation continues to increase since last year.
“Annual headline inflation was 6.8 per cent in the June quarter of 2016, up from 6.5 per cent recorded in the March quarter of 2016, and 6.4 per cent in the December quarter of 2015.
