By Luisa Maria Jacinta C. Jocson, Reporter
Headline inflation may have accelerated in November but still remained within the 2-4% target band, the Bangko Sentral ng Pilipinas (BSP) said.
The central bank’s month-ahead forecast showed that inflation likely settled within the 2.2%-to-3% range in November, slower than the 4.1% print in the same month a year ago.
However, the upper end of the forecast would be faster than the 2.3% recorded in October.
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