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Inflation Forecast
« on: June 29, 2019, 04:42:47 PM »
BSP DER statement on the month-ahead forecast

“The BSP Department of Economic Research projects the June 2019 inflation to settle within the range of 2.2 – 3.0 percent. Lower rice and domestic oil prices along with downward adjustment in electricity rates and recent peso appreciation are seen to temper inflation pressure during the month. Going forward, the BSP will remain watchful of the evolving inflation environment to ensure that the monetary policy stance remains consistent with the BSP’s price stability mandate.”

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