ECONOMISTS polled by the Bangko Sentral ng Pilipinas (BSP) expect inflation to hit an above-target 4.1 percent this year before decelerating over the next two years.
“Using the 2012-based headline inflation data, [the] mean inflation forecast for 2018 was at 4.1 percent, while mean forecasts for 2019 and 2020 were at 3.7 percent and 3.6 percent, respectively,” the central bank said, citing the results of a survey of private economists in March.
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