Inflation could top 2-4% target in April

Apr 11, 2024 12:34 am

ANALYSTS expect inflation, which has risen for the last two months, to breach the 2.0- to 4.0-percent target in April due to rising food prices and base effects.

'[W]e expect headline inflation to eventually breach the BSP's (Bangko Sentral ng Pilipinas) target band until August this year,' HSBC Global Research economist Aris Dacanay said.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

BSP seen shifting peso-dollar stance

Sweden keeps funding devt of EDSA Busway

Investment approvals surge in Jan-Feb – PEZA

SEC to expand govt securities repo market

El Niño to affect 2025 sugar production – SRA

ERC defers approval of six NGCP projects

Elections shouldn't pollute