<ul><li>The erosion of purchasing power is reflected in the sales growth of non-financial non-government corporations.</li><li>Corporations are hesitant to invest in fixed assets due to subdued demand conditions and price shocks.</li><li>Slowdown in consumer demand is linked to slower corporate wage growth.</li><li>Slowing rate of nominal GDP could hinder fiscal spending and achievement of budgetary targets.</li></ul>

Erosion of purchasing power reflected in sales growth of non-financial non-government corporations

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