Private sector off on September 2021 inflation projections
MANILA - Most private sector institutions have overshot their September 2021 inflation forecasts, with their median projection at 5 percent, or higher than the actual headline inflation rate of 4.8 percent for the period. Based on a newspaper poll, the Department of Finance (DOF) said only John Paolo Rivera of the Asian Institute of Management (AIM), and Emmanuel Lopez of the Colegio de San Juan de Letran, projected a lower rate of 4.5 percent and 4.7 percent, respectively, while 15 others placed their forecasts between 4.9 and 5.2 percent. Standard Chartered economist Jonathan Koh, and Citi&#...
Source: philippinetimes.com