LOWER fuel prices, reduced costs of essential food items, and favorable base effects could contribute to a decline in inflation in August, analysts said, further raising the possibility of more rate cuts.
The median forecast in The Manila Times poll of economists was 3.7 percent, down from July's 4.4 percent and within the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 4.0-percent target.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.