By Katherine K. Chan, Reporter
HEADLINE INFLATION may have eased to a five-month low in December amid the continued drop in rice prices and cheaper electricity costs, which likely brought full-year inflation well below the target, analysts said.
A BusinessWorld poll of 14 analysts yielded a median estimate of 1.4% for the consumer price index (CPI) in December.
This is within the Bangko Sentral ng Pilipinas’ (BSP) 1.2%-2% forecast for the month.
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