PRIVATE SECTOR ANALYSTS surveyed by the Bangko Sentral ng Pilipinas (BSP) still expect headline inflation to remain within the 2-4% target band until 2026.
In its Monetary Policy Report from its October meeting, the central bank said that economists’ inflation expectations “remain well-anchored.”
The BSP’s survey of external forecasters for October showed that the mean inflation forecasts for 2024 and 2026 were unchanged at 3.4% and 3.2%, respectively, compared with September forecasts.
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