Inflation seen benign in 2015

The Philippine central bank is optimistic that the inflation environment in the country next year will be more conducive to business and economic activity as supply-related problems are now being addressed.

Diwa Guiniguindo, Bangko Sentral ng Pilipinas (BSP) deputy governor, told reporters on Tuesday that despite the upside risks posed by the possible hike in electricity prices and a power shortage next year, there could also be mitigating factors to offset such price pressures.