INFLATION could hit 2.3-3.1 percent this month and bring the full-year average to a within-target 3.2 percent, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
The central bank, which also announced that the current 2.0- to 4.0-percent inflation goal would be maintained to 2028, said price pressures for the month would come from the impact of recent storms as well as higher power and fuel prices.
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