BusinessWorld E-paper
June 01, 2023
HEADLINE INFLATION may have decelerated within the 5.8% to 6.6% range in May due to lower prices of fuel, poultry and fish, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.
If realized, inflation would exceed the BSP’s 2-4% target for the 14th consecutive month. Inflation eased for a third straight month in April to 6.6%.
