June inflation likely between 2.2-3.0%

INFLATION likely eased to between 2.2 and 3.0 percent this month, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

In a statement, the central bank said its Department of Economic Research projected consumer price growth “to settle within” the said range in June, lower than the 5.2 percent posted a year ago.