Aruba Inflation expected to moderate over the Next Decade

• Inflation will moderate over Fitch’s 10-year forecast period, as a surge in 2018 fades on more modest economic growth. 
• However, Aruba is unlikely to return to the deflationary conditions seen from 2015 to 2017, as stronger tourist arrivals and potentially investment at the country's oil refinery stimulate domestic demand.
• The Central Bank van Aruba is likely to maintain its currency peg to the US dollar, anchoring imported inflationary pressures, tamping down headline price growth. 

(Source: Fitch Solutions)