BSP: March annual inflation likely in 7.4%-8.2% range

admin Abril 01, 2023 0

Philippines economy inflation — A woman attends her child as she shops at a public market in Manila, Philippines, October 21, 2022. (Reuters/Lisa Marie David)

SPONSORED ARTICLES

MANILA— Philippine annual inflation in March was expected to come in between 7.4% and 8.2%, with downward pressure seen from lower prices of petroleum and some food items, the central bank said on Friday, ahead of the release the data on April 5.

High inflation, which at 8.6% in February was well outside the central bank’s target range of 2% to 4%, remains the top concern for monetary authorities, Bangko Sentral ng Pilipinas governor Felipe Medalla reiterated earlier this week.

—Reporting by Enrico Dela CruzEditing by Ed Davies

Interaksyon

BSP: March annual inflation likely in 7.4%-8.2% range
Source: Political Elections PH

Walang komento

Mag-subscribe sa: I-post ang Mga Komento ( Atom )