THE BANGKO SENTRAL ng Pilipinas (BSP) said it is closely monitoring the impact of the escalating Middle East war on inflation and the broader economy as it prepares for its April 23 policy meeting.
“Ahead of the monetary-policy meeting on April 23, 2026, the BSP is closely monitoring the impact of the Middle East conflict on Philippine inflation and the economy,” the central bank said in a statement on Wednesday.
“The BSP is assessing the potential impact of higher oil prices on the price of fertilizer, transport fares, and inflation in general,” it added, noting that price stability continues to be its primary mandate.
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