Economy· August 17, 2026 at 04:47 a.m.
Philippine Central Bank Forecasts Gradual Inflation Ease, Upside Risks Persist
Key takeaways
- Inflation in the Philippines is expected to peak at around 5% in Q3 2022
- BSP has raised interest rates twice this year to curb inflation
- Upside risks to inflation remain due to global factors
The Bangko Sentral ng Pilipinas (BSP), the Philippines' central bank, has predicted that inflation will ease gradually in the coming months. However, it cautioned that upside risks to inflation remain, particularly due to global factors such as rising commodity prices and supply chain disruptions.
