Philippines to hit inflation target

Philippine Central Bank Governor Rafael Buenaventura said on Friday that he expects inflation in March to come in below February's 6.7% year on year. Buenaventura, speaking to reporters on March 16, believes the inflation rate will peak at 6.9% this year.

The government has set an inflation target of 6% to 7%, which most economists believe will be comfortably achieved. Inflation in January rose to a 22-month high of 6.9%. "The trajectory is for lower inflationary pressure," he said, adding

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: