Fitch sees lower 2020 inflation at 2.5%

By Anna Leah E. Gonzales

Oct 06, 2020 12:40 am

A Fitch Group unit on Monday lowered its 2020 inflation projection to 2.5 percent from 2.7 percent.

“The downside surprise to headline inflation in August and continued strength of the peso has led us to lower our outlook for inflation in 2020,” said Fitch Solutions in a report.

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