BusinessWorld E-paper
April 21, 2023
PRIVATE SECTOR economists raised their inflation outlook for the year amid supply constraints and strong consumer demand, although they expect inflation to ease toward the 2-4% target by yearend, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.
At the same time, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said inflation is on its “downward trajectory” this year.
