BSP projects much cooler inflation for May 2025

BSP projects much cooler inflation for May 2025

Filipino consumers can anticipate a substantial easing of inflation in May this year, according to the latest forecast from the Bangko Sentral ng Pilipinas (BSP). The central bank projects inflation to settle within the range of 0.9 percent to 1.7 percent in May, a significant deceleration compared to the 3.9 percent inflation rate recorded in the same month last year. It also indicated a potential further cooling of prices from the 1.4 percent …