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BusinessWorld E-paper

August 21, 2023

PRIVATE SECTOR economists kept their inflation outlook for this year but cut their forecasts for 2024 and 2025, the Bangko Sentral ng Pilipinas (BSP) said.
However, analysts said the threat of El Niño, the impact of trade restrictions on food items, oil production cuts, and hikes on transport fare and wages pose risks to the inflation outlook.

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