Inflation likely eased further in March

By Luisa Maria Jacinta C. Jocson, Reporter

HEADLINE INFLATION likely eased slightly in March as prices of rice and fuel further dropped, analysts said.

A BusinessWorld poll of 18 analysts conducted last week yielded a median estimate of 2% for the March consumer price index (CPI).

If realized, this would be slower than the 2.1% in February and the 3.7% clip in the same month a year ago.

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