HEADLINE inflation likely peaked at 3.4 percent in March and April and will probably be more stable in the coming months on the back of lower oil and commodity prices, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
“It may have likely peaked when it hit 3.4 percent,” Bangko Sentral Deputy Governor Diwa Guinigundo told reporters in a chance interview after the central bank released its second-quarter inflation report.
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