BusinessWorld E-paper
May 30, 2023
HEADLINE INFLATION in May will be significantly lower than 6.6% in April, putting it on track to return within the 2-4% target by September or October, the Bangko Sentral ng Pilipinas (BSP) said.
BSP Governor Felipe M. Medalla on Monday told reporters inflation is rapidly easing year on year due to high base effects.
