Inflation Increase Expected, but Within Reserve Bank's Target Band
4 Articles
4 Articles
Inflation seen within target until 2027 - BusinessWorld Online
PHILIPPINE INFLATION is expected to remain within the central bank’s 2-4% target until 2027, according to economists surveyed by the Bangko Sentral ng Pilipinas (BSP). The mean inflation forecasts are expected to settle at 3.1% this year, 3.3% in 2026 and 3.4% in 2027, the survey showed, based on the minutes of the Monetary Board meeting on April 10. “The survey respondents see upside risks from the effect of geopolitical tensions, changes in gl…
Softer inflation to lift Philippine GDP through 2027, but growth may stay at target's low end—BSP
Slowing increases in consumer prices could boost the Philippine economy this year through 2027, with gross domestic product (GDP) growth falling within the lower end of the government’s target of six to eight percent, according to the Bangko Sentral ng Pilipinas (BSP).“GDP growth could settle close to the low end of the government’s growth targets for 2025 to 2027,” the central bank said in a report released on Thursday, May 15.“Domestic economi…
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