Philippines’ inflation target will drop in 2015


The Philippines government has lowered the central bank's inflation target from 4% to 3% from 2015 onwards, it announced on December 13.

The country's Development Budget Coordination Committee decided to retain the current target of 4% – with leeway of 1% either side – for 2013 and 2014, before reducing it to 3% in both 2015 and 2016.

A lower target is "consistent with the desired disinflation path over the medium term", a statement explained, and the expected higher capacity for economic growth

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: