Policy easing now more likely as inflation slows to 3.3%

Apr 06, 2019 12:52 am

HEADLINE inflation slowed to a 15-month low of 3.3 percent in March, the Philippine Statistics Authority (PSA) reported on Friday, bolstering the chances that monetary authorities could begin relaxing policy next month.

The figure — down from February’s 3.8 percent and the lowest since December 2017’s 2.9 percent — fell within the Bangko Sentral ng Pilipinas’ (BSP) 3.1-3.9 percent forecast.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.