THE Bangko Sentral ng Pilipinas (BSP) revised downward its average inflation forecast for this year to 2.5 percent, its head said on Wednesday.
“Based on [the] BSP’s latest projection, inflation is expected to average at 2.5 percent for 2019, lower relative to the previous forecast of 2.6 percent [as of Aug. 8, 2019] and lower than the official target range of 3.0 percent ± 1.0 percentage point,” BSP Governor Benjamin Diokno said in a message to reporters.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.