HIGH oil and rice prices are expected to drive inflation to 4.2 percent in the second quarter, breaching the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent target.

The pace of consumer price growth will then slow in the following three months, private sector economists said, allowing for a within-target average of 3.8 percent for 2024.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details