BusinessWorld E-paper
September 2, 2024
HEADLINE INFLATION likely eased in August and returned to within the central bank’s 2-4% target band amid a drop in prices of rice and fuel, analysts said.
A BusinessWorld poll of 15 analysts yielded a median estimate of 3.7% for the consumer price index (CPI) in August. This is within the 3.2-4% forecast of the Bangko Sentral ng Pilipinas (BSP) for the month.
