Inflation seen slowing but rate hikes still likely

By The Manila Times

Mar 09, 2023 12:30 am

INFLATION could slow further after February saw an easing to 8.6 percent from January's 14-year high of 8.7 percent, Bank of the Philippine Islands (BPI) said.

'There is a significant chance that headline inflation may have reached the peak already, and succeeding prints will be lower moving forward,' the Ayala-led bank said in a report.

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