By Katherine K. Chan, Reporter
PHILIPPINE INFLATION likely held steady in January as lower electricity charges and easing vegetable prices helped offset pressures from higher food and fuel costs and a weaker peso, economists said ahead of official data.
A BusinessWorld survey of 18 economists yielded a median forecast of 1.8% for the January consumer price index, within the Bangko Sentral ng Pilipinas’ (BSP) 1.4% to 2.2% projection for the month. That means inflation would be unchanged from December and slower than 2.9% a year earlier.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
