Headline inflation in the Philippines may hit 1.9 percent on average this year, or below the desired range of 2 percent to 4 percent set by the central bank for full-year 2015, the Singapore-based DBS Bank said in a research note.
The rate has been on a decline, easing from 4.9 percent in July 2014 gradually down to a record low of 0.8 percent in July this year, despite robust economic growth of more than 6 percent during the period.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.