Slower inflation in April gives Philippine central bank room to ease policy

Annual inflation slows to 1.4% in April, lowest in more than 5 years

MANILA — Philippine annual inflation was 1.4% in April, the statistics agency said on Tuesday, below the previous month’s 1.8% rate and the lowest reading since November 2019, according to LSEG data. Economists in a Reuters poll had expected annual inflation of 1.8% April, within the central bank’s 1.3% to 2.1% forecast range for the month. […] The post Annual inflation slows to 1.4% in April, lowest in more than 5 years appeared first on Intera…

Slower inflation in April gives Philippine central bank room to ease policy

MANILA :Philippine inflation was at its lowest level in more than five years in April due to falling food and transport costs, the statistics agency said on Tuesday, giving the central bank room to ease policy to support growth. Annual inflation slowed to 1.4 per cent in April, down from 1.8 per cent in March

Philippines inflation eased to 1.4%in April, lower than expected

MANILA, Philippines – Inflation eased to 1.4 percent in April, from 1.8 percent in March, on the back of slower price increase in food and lower transport costs. The April reading was better than the median estimate of 1.9 percent in an Inquirer poll of 10 economists last week. It also settled within the 1.3

Philippine Inflation at Lowest Since 2019, Backs More Rate Cuts

Philippine inflation slowed to the lowest in more than five years in April, backed by a sustained decline in rice prices and allowing the central bank to stick with its plans for further monetary easing this year.

BSP sees ‘a lot of policy space’ amid cooling inflation - BusinessWorld Online

By Chloe Mari A. Hufana, Reporter APRIL INFLATION that’s likely to go below 2% gives the Philippine central bank “a lot of policy space,” while first-quarter growth that could be near or below the government’s 6-8% target would be an “important factor” in the Monetary Board’s policy meeting next month, according to its governor. “I think it would be a good number,” Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. told reporters at…

Slower inflation in April gives Philippine central bank room to ease policy - Finnoexpert

Slower inflation in April gives Philippine central bank room to ease policy Source link The post Slower inflation in April gives Philippine central bank room to ease policy appeared first on Finnoexpert.