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BusinessWorld E-paper

February 20, 2023

PRIVATE SECTOR economists raised their inflation outlook for this year through 2025 after the faster-than-expected January print, with most economists expecting the Bangko Sentral ng Pilipinas (BSP) to begin trimming rates only next year.

Based on the results of the BSP’s survey of private economists in February, the average inflation forecast of analysts for 2023 jumped to 6% from just 4.9% in the January survey.

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