By Luisa Maria Jacinta C. Jocson, Reporter
HEADLINE INFLATION may have quickened for a third straight month in April and possibly breached the Philippine central bank’s 2-4% target range, analysts said.
A BusinessWorld poll of 16 analysts yielded a median estimate of 4.1% for the consumer price index (CPI) in April, within the 3.5-4.3% forecast of the Bangko Sentral ng Pilipinas (BSP).
If realized, April inflation would be faster than 3.7% in March but slower than the 6.6% print a year ago.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.