PH inflation yet to peak, says Citi
MANILA, Philippines — American banking giant Citi predicts that Philippine inflation will remain high through the first quarter of next year due to stagflation-like conditions and a slowdown in economic growth. In a media briefing, Citi predicts inflation could slow but will stay between 7.5 and 8.1 percent until early 2027 due to food supply risks and ongoing cost pressures. READ: October inflation surges to 7.8% “Although YoY inflation has probably not yet peaked, we expect the pace of increase to decelerate further. Looking ahead, the recent retracement of oil prices post-US elections should provide some relief to domestic energy prices as […]...Keep on reading: PH inflation yet to peak, says Citi
MANILA, Philippines — American banking giant Citi predicts that Philippine inflation will remain high through the first quarter of next year due to stagflation-like conditions and a slowdown in economic growth. In a media briefing, Citi predicts inflation could slow but will stay between 7.5 and 8.1 percent until early 2027 due to food supply risks and ongoing cost pressures. READ: October inflation surges to 7.8% “Although YoY inflation has probably not yet peaked, we expect the pace of increase to decelerate further. Looking ahead, the recent retracement of oil prices post-US elections should provide some relief to domestic energy prices as […]...
Keep on reading: PH inflation yet to peak, says Citi
Keep on reading: PH inflation yet to peak, says Citi
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