Economists expect December inflation to slow to 1.4 percent

Most economists anticipate that inflation in December slowed down from November's 1.5 percent, marking the tenth consecutive month below the Bangko Sentral ng Pilipinas' (BSP) target range.

Reinielle Matt Erece, an economist from Oikonomia Advisory & Research Inc., forecasts December inflation at 1.4 percent.

Stable food prices, with some items even decreasing in cost, and lower electricity rates contributed to the expected inflation slowdown.

These downward pressures on prices helped offset the typical increase in spending associated with the holiday season.

Erece predicts that the full-year inflation rate will settle at 1.6 percent, significantly below the BSP's two to four percent target.