Inflation could ease to 2.9 percent or rise to 3.6 percent this month, the Bangko Sentral ng Pilipinas (BSP) said on Friday, with the impact of higher fuel and rice prices likely to be limited by a stronger peso and lower power rates.
“The forecast range brings full-year 2017 inflation to average at 3.2 percent, well within the target for the year,” the BSP said in a statement.
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