Balisacan: Barring shocks, inflation likely to keep going down this year

INFLATION has likely peaked and will continue easing for the rest of the year, a Cabinet official said.

"I think we expect, in the coming months, that [inflation] will come down because the El Niño is over — hoping that the La Niña will not bring severe flooding and all that — and I think that prices will start to moderate," Socioeconomic Planning Secretary Arsenio Balisacan told reporters on Friday.