The Bangko Sentral ng Pilipinas (BSP) said Tuesday September inflation likely settled within a range of 2 percent to 2.8 percent.
The projection is lower than the 3.3-percent actual inflation rate in August and within the government’s target range of 2 percent to 4 percent for the year.
“Negative base effects along with lower prices of food commodities including rice, meat and vegetables as well as lower domestic oil prices, and...
The Bangko Sentral ng Pilipinas (BSP) said Tuesday September inflation likely settled within a range of 2 percent to 2.8 percent.
The projection is lower than the 3.3-percent actual inflation rate in August and within the government’s target range of 2 percent to 4 percent for the year.
“Negative base effects along with lower prices of food commodities including rice, meat and vegetables as well as lower domestic oil prices, and...
By John Biers/Aurelia End
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