Inflation risks rise after target breach in March — BSP

Inflation risks rise after target breach in March — BSP
The Bangko Sentral ng Pilipinas (BSP) said inflation risks have “significantly” grown after consumer prices rose faster than expected in March amid the oil crisis. This came after soaring fuel prices pushed headline inflation to 4.1% last month, well-above than the central bank’s expected 3.1%-3.9% print. It likewise marked a sharp pick up from the […]