Inflation may reach between 3.7 to 4.5 pct in May: BSP | ABS-CBN
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Inflation may reach between 3.7 to 4.5 pct in May: BSP
Inflation may reach between 3.7 to 4.5 pct in May: BSP
The Department of Agriculture Agribusiness and Marketing Assistance Service, led by Undersecretary Deogracias Victor Savellano inspects various meat products at a supermarket in Muñoz, Quezon City on Tuesday, May 28, 2024. The inspection was conducted to inform the public that there is sufficient, safe, and affordable supply of meat products in the market. Maria Tan, ABS-CBN News
The Department of Agriculture Agribusiness and Marketing Assistance Service, led by Undersecretary Deogracias Victor Savellano inspects various meat products at a supermarket in Muñoz, Quezon City on Tuesday, May 28, 2024. The inspection was conducted to inform the public that there is sufficient, safe, and affordable supply of meat products in the market. Maria Tan, ABS-CBN News MANILA -- Inflation may settle somewhere between 3.7 and 4.5 percent in May, the Bangko Sentral ng Pilipinas (BSP) said Friday.
MANILA -- Inflation may settle somewhere between 3.7 and 4.5 percent in May, the Bangko Sentral ng Pilipinas (BSP) said Friday.
The BSP said higher electricity rates and vegetable prices have driven prices upward. The depreciation of the peso also has an effect on prices, as it makes imports more expensive, the BSP said.
The BSP said higher electricity rates and vegetable prices have driven prices upward. The depreciation of the peso also has an effect on prices, as it makes imports more expensive, the BSP said.
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