BusinessWorld E-paper
March 01, 2022
THE CONSUMER price index (CPI) likely rose within the central bank’s target range in February, but faced upward pressure from higher fuel and food prices, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno said.
February inflation likely settled within a projection band of 2.8% to 3.6%, Mr. Diokno said in a Viber message to reporters, noting the BSP’s point inflation forecast is at 3.2%.
