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April inflation may hit 5% — BSP – Manila Bulletin

The Bangko Sentral ng Pilipinas (BSP) forecasts a high of five percent inflation rate for the month of April from four percent in March on the back of increased power, fuel and meat prices.
The BSP has a forecast range of 4.2 percent to five percent for April inflation.


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Last month’s highe ....

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BSP sees bigger BOP deficit, lower GIR

The Bangko Sentral ng Pilipinas (BSP) expects a balance of payments (BOP) deficit of $4.3 billion this year, reversing an earlier estimate of $700 million surplus, due to global uncertainties amid the Russia-Ukraine war and from the effect of higher import demand as the local economy starts to open ....

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No sign yet of second-round pressures to inflation — BSP – Manila Bulletin

The Bangko Sentral ng Pilipinas (BSP) remains watchful and is closely monitoring possible risks to the inflation outlook but sees no clearer signs of second-round effects despite persistent talks of transport and wage hikes amid higher oil and food prices.
BSP Governor Benjamin E. Diokno in a press ....

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BSP keeps 2% policy rate

The central bank’s Monetary Board on Thursday, Feb. 17, has decided to not change the two percent rate for the overnight reverse repurchase facility given the manageable inflation path despite higher food and oil prices.
The Bangko Sentral ng Pilipinas (BSP) has put off monetary policy actions for ....

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