Analysts: Inflation likely higher at 4.9%

Sep 04, 2023 12:42 am

INFLATION could have snapped a six-month decline in August due to higher fuel prices and the impact of recent typhoons, analysts polled by The Manila Times said.

The median forecast in a survey of 13 economists was 4.9 percent, within the Bangko Sentral ng Pilipinas' (BSP) 4.8- to 5.6-percent projection for the month and up from June's 4.7-percent result.

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