BusinessWorld E-paper
December 01, 2022
HEADLINE INFLATION may have settled within the 7.4% to 8.2% range in November due to higher electricity rates and soaring prices of agricultural commodities, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday evening.
If realized, inflation would exceed the BSP’s 2-4% target for the eighth consecutive month. Headline inflation stood at 7.7% in October.
