Inflation could hit target in December

Dec 07, 2023 12:38 am

MONTHLY inflation could finally return to target this month but monetary authorities will continue to remain hawkish given continued upside risks, analysts said.

Consumer price growth slowed for a second straight month to a 20-month low of 4.1 percent in November, just short of hitting the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent target.

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