Philippines' bank forecasts December inflation at 2.3%-3.1%, aiming to keep prices stable.

The Philippines' central bank expects December's inflation rate to be between 2.3% and 3.1%, with the full-year average at 3.2%. This projection is influenced by higher food and utility costs, but lower agricultural prices may offset these increases. The bank aims to maintain price stability within a target range of 2-4% through 2028, monitoring potential risks and adjusting monetary policy as needed.

3 months ago
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