INFLATION could have risen in January on account of higher fuel prices and adjustments to water rates and sin taxes, the Bangko Sentral ng Pilipinas (BSP) said on Friday.
The central bank 2.5- to 3.3-percent estimate for the month, however, remains within the 2.0- to 4.0-percent target and is still skewed toward a result below December's 2.9 percent.