By Luisa Maria Jacinta C. Jocson, Reporter
HEADLINE INFLATION likely slowed in February amid the decline in prices of rice and other key commodities, analysts said.
A BusinessWorld poll of 18 analysts conducted last week yielded a median estimate of 2.6% for the February consumer price index (CPI). This was within the Bangko Sentral ng Pilipinas’ (BSP) 2.2%-3% forecast for the month.
If realized, February inflation would be slower than the 2.9% in January and the 3.4% clip in the same month in 2023.
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