THE timely importation of pork could trim the country’s average inflation rate by at least 3 percentage points, according to the Bangko Sentral ng Pilipinas (BSP).
“If the importation is done in a timely manner. It can help reduce the average inflation, probably by almost 3 percentage points from the average for the year,” Zeno Ronald Abenoja, senior director at the central bank’s Department of Economic Research, said during a virtual briefing on Thursday.
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