Economists expect slower Nov inflation

Dec 04, 2023 12:39 am

INFLATION likely moderated for a second straight month in November, analysts said, giving monetary authorities added leeway to keep key interest rates unchanged for the rest of the year.

The median forecast in a survey of 13 economists was 4.4 percent, within the Bangko Sentral ng Pilipinas' (BSP) 4.0- to 4.8-percent projection for the month and down from October's 4.9 percent and the year-earlier 8.0 percent.

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