BusinessWorld E-paper
February 28, 2022
INFLATION likely accelerated in February due to the spike in global oil and commodity prices after Russia’s invasion of Ukraine, analysts said.
A BusinessWorld poll of 15 analysts yielded a median estimate of 3.3% in February, well within the 2-4% target set by the Bangko Sentral ng Pilipinas (BSP). If realized, it will be faster than the 3% in January, though slower than the 4.2% a year earlier.
