fxstreet.com 08 Feb, 2021 10:30 am

Inflation picked up pace early in 2021 – UOB

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the latest inflation figures in the Philippines. Key Quotes “Headline inf

Key Quotes “Headline inflation spiked up beyond the upper bound of BSP’s target range, at 4.” “Going forward, we expect the nation’s inflation to persist its uptrend and stay above BSP’s target range in 1H21 before retreating below the 4.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the latest inflation figures in the Philippines.This comes as most supplypushed factors are less likely to dissipate in the immediate term, prompting the government to introduce some short-term price relief measures including imposing price caps on pork and poultry products as well as allowing pork imports.

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