BusinessWorld E-paper
April 01, 2022
HEADLINE INFLATION could accelerate beyond the central bank’s target in March, driven mainly by successive oil price hikes and the depreciation of the peso, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said in a Viber message to reporters.
Based on the BSP projection, the consumer price index likely quickened by 3.3-4.1% in March, he said.
