2021 inflation seen to average 4.3%

Analysts anticipate a higher average inflation rate this year, with generally balanced risks, according to a poll done by the Bangko Sentral ng Pilipinas (BSP).

The central bank said in its 2021 Third Quarter Inflation Report that the findings of a survey of 21 private sector analysts revealed that the mean inflation outlook for 2021 has risen to 4.3 percent, up from 4.1 percent in the previous survey,