Read this in The Manila Times digital edition.
INFLATION will likely exceed target this year given the impact of surging commodity prices, Fitch Solutions said on Monday.
The financial information services firm raised its 2022 forecast for the Philippines to 4.5 percent, up from 3.7 percent previously. The latest projection is higher than the government's 2.0 to 4.0 target and the Bangko Sentral ng Pilipinas' (BSP) forecast of 4.3 percent.
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