Inflation probably exceeded 4.0 percent again in April, breaching the government’s target range and further pressuring monetary authorities to finally hike key interest rates, analysts polled by The Manila Times said.
Forecasts for the month ranged from 4.4-4.6 percent with a 4.5 percent average, higher than the 4.3 percent recorded in March and the 2.0-4.0 percent target for 2017-2020.
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