BSP Sees Inflation Accelerating, Breaching Target
BSP: “Inflation would average between 4.4 and 4.7 percent under the worst-case scenario” BSP — The Bangko Sentral ng Pilipinas sees inflation accelerating and breaching the 2% to 4% target under a worst-case scenario. According to BSP Governor Benjamin Diokno, inflation may accelerate from 4.4% to 4.7% if Dubai crude oil reaches USD 120 to … Read more