Economists expect 3.3% inflation for 2019 – BSP

ECONOMISTS see inflation settling at 3.3 percent this year, the Bangko Sentral ng Pilipinas (BSP) said in a report, higher than its 3-percent full-year forecast but still within the 2-4 percent target.

“[T]he mean inflation forecast for 2019 decreased to 3.3 percent from 4.1 percent in the December 2018 survey,” according to the central bank’s recently released First Quarter Inflation Report.