BSP forecasts February inflation at 3.2%
BSP forecasts February inflation at 3.2%, driven by rising oil, rice, and meat prices.
The central bank expects upward pressure from higher fuel costs but notes lower electricity rates in Meralco areas and improved fish and vegetable supply will mitigate some of these increases.
February's actual inflation rate is set to be released on Friday, with the BSP maintaining its target range of 2-4% for this year.
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