CHEAPER food items, electricity prices, and the appreciation of the peso may have helped cool down inflation to below 5 percent in July, according to the Bangko Sentral ng Pilipinas (BSP). The BSP projects July 2023 inflation to have settled within the range of 4.1 to 4.9 percent. This is…
THE fourth consecutive month of inflation slowdown in May “gives” confidence that the rate would be within the government’s target range of two to four percent by September, the Department of Finance (DOF) said. “The new inflation number and the declining trend give confidence that inflation would be within the…
Inflation to cut Q2 growth to 5 8% | BusinessMirror businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.
THE Bangko Sentral ng Pilipinas (BSP) now expects April inflation to be slower due to the decline in electricity prices and select food items. In its month-ahead inflation, BSP said April inflation may have averaged 6.3 to 7.1 percent, lower than the 7.6-percent inflation recorded in March 2023. “Lower electricity…