Economy· August 17, 2026 at 02:26 a.m.
Philippine Inflation Expected to Ease Gradually, Upside Risks Persist
Key takeaways
- Philippine inflation projected to ease gradually
- Upside risks to inflation persist
- BSP maintains policy rate at 2.0%
The Philippine central bank has forecasted a gradual easing of inflation, but warned that upside risks remain. The Bangko Sentral ng Pilipinas (BSP) made the announcement during its latest monetary policy meeting on Thursday. According to the BSP, headline inflation is projected to average 4.2% this year before moderating to within the target range of 2-4% in 2023.