BusinessWorld E-paper
May 02, 2022
INFLATION likely accelerated beyond the central bank’s target in April, as food and oil prices continue to climb amid the ongoing Russia-Ukraine war and agricultural
damage caused by Tropical Storm Agaton.
A BusinessWorld poll of 17 analysts yielded a median estimate of 4.6% for April inflation,
matching the midpoint of the 4.2% to 5%forecast by the Bangko Sentral ng Pilipinas (BSP)0.
