BusinessWorld E-paper
October 16, 2024
FURTHER VOLATILITY in oil prices and potential price adjustments could threaten the inflation downtrend and derail the Bangko Sentral ng Pilipinas’ (BSP) easing cycle, analysts said.
“If the latest fuel price volatility continues to depend on what is happening in Gaza and the rest of the Middle East, we might be looking at some potentially disruptive oil price adjustments,” Global Source Research Country Analyst Diwa C. Guinigundo said in a Viber message.
