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(Eagle News) – Bangko Sentral ng Pilipinas said that the inflation recorded last October, pegged at 6.7 percent, the same as the previous month, meant that “inflation pressures have started to moderate.” The BSP said that the “month-on-month seasonally-adjusted headline inflation” had actually “eased further to 0.3 percent in October from 0.8 percent in September. It said this confirmed the “BSP’s view that inflation momentum has started to slow down.” “Inflation held steady in […]
(Eagle News) — The country’s inflation for the third quarter was recorded at an average of 6.2 percent which is higher than the previous quarter’s average of 4.8 percent, according to data released Friday, Oct. 19, by the Bangko Sentral ng Pilipinas. BSP Officer-in-Charge Maria Almasara Tuaño-Amador said in a press briefing in Manila that this has brought the inflation for this year to date at 5 percent. Dennis Bautista, officer-in-charge of BSP’s Economic […]
