Poll: June inflation could have hit 4.6-5%

INFLATION likely accelerated further in June and stayed above the Bangko Sentral ng Pilipinas’ (BSP) target range, economists polled by The Manila Times said.

Forecasts for the month ranged from 4.6-5 percent with a 4.7 percent average and just one out of seven analysts projected an end to five consecutive months of faster consumer price growth.