BusinessWorld E-paper
June 3, 2024
HEADLINE INFLATION likely quickened for a fourth straight month in May, mainly due to a spike in electricity costs, analysts said.
A BusinessWorld poll of 16 analysts yielded a median estimate of 4% for the consumer price index (CPI) in May. This is within the 3.7- 4.5% forecast of the Bangko Sentral ng Pilipinas (BSP) for the month.
