Page 3 - துறை ஆஃப் பொருளாதார ஆராய்ச்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana
BoP 2021 estimate raised on better economic landscape
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BSP eyes another securities tenor
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Published May 5, 2021, 5:30 PM
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said inflation expectations remain well-anchored to the two-four percent BSP target despite above four-percent inflation since January.
Diokno, quoting the central bank’s Department of Economic Research (DER) on the 4.5 percent April inflation, said the latest inflation rate is still consistent with their outlook that inflation will breach the target in the first half of this year due to supply side pressures “before settling close to the midpoint of the target range in 2022”. By the fourth quarter this year, the BSP also thinks inflation will start to decelerate closer to the target.
Published April 30, 2021, 4:14 PM
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said inflation for the month of April could go as high as five percent from 4.5 percent in March, but could also be a low of 4.2 percent based on downside pressures.
The BSP’s forecast range of 4.2 percent to 5.0 percent for April is still consistent with its full-year average projection of 4.2 percent.
BSP Governor Benjamin E. Diokno (Credit: BSP photo)
Diokno, citing the BSP Department of Economic Research report on consumer price index, said that “lower prices of domestic petroleum products and key food items, such as fruits and vegetables due to improved supply conditions, are the main sources of downside price pressures during the month.”
vimarsana © 2020. All Rights Reserved.