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BSP sees chance of inflation returning to target before Q4

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August 11, 2023
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BSP sees chance of inflation returning to target before Q4













REUTERS

MANILA – There is “some chance” that the inflation rate in the Philippines would return to the 2%-4% target before the fourth quarter, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila told an economic briefing on Friday.

Inflation was at 4.7% in July, bringing year-to-date inflation to 6.8%. — Reuters

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