BusinessWorld E-paper
December 22, 2023
THE BANGKO SENTRAL ng Pilipinas (BSP) retained its 2-4% inflation target range through 2026, although risks to the outlook remain “strongly tilted to the upside.”
“The inflation target range of 3% ± 1.0 ppt (2-4%) remains an appropriate representation of the medium-term goal for price stability, given the current structure of the Philippine economy, recent economic developments, and the overall macroeconomic outlook over the next few years,” the BSP said in a statement on Thursday.
