Inflation seen slowing to 3.4% in Q4

Aug 22, 2023 12:35 am

IN SPITE of the raised projections, the Bangko Sentral ng Pilipinas (BSP) sees inflation slowing down and approaching the central point of the target in the last quarter of this year.

In the August Monetary Policy Report, the central bank said that inflation is projected to slow down in the fourth quarter of 2023, reaching 3.4 percent on a quarterly basis.

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