BusinessWorld E-paper
February 7, 2024
HEADLINE INFLATION sharply decelerated to an over three-year low of 2.8% in January, marking the second straight month it fell within the Bangko Sentral ng Pilipinas’ (BSP) 2-4% target range.
Preliminary data from the Philippine Statistics Authority (PSA) showed the overall year-on-year increase in prices of widely used goods and services cooled to 2.8% in January from 3.9% in December and 8.7% in the same month in 2023.
