BusinessWorld E-paper
June 06, 2022
INFLATION likely surged past 5% in May as food and oil prices continued to climb amid tight global supply, according to analysts.
A BusinessWorld poll of 16 analysts yielded a median estimate of 5.4% for May inflation, matching the midpoint of the 5-5.8% forecast by the Bangko Sentral ngPilipinas (BSP).
