The increase in commodity prices will not breach 7 percent in September and will remain within the expectations of the Bangko Sentral ng Pilipinas (BSP), according to Moody’s Analytics.
THE increase in commodity prices will not breach 7 percent in September and will remain within the expectations of the Bangko Sentral ng Pilipinas , according to Moody’s Analytics.
The expectations for inflation in the Philippines is the same rate forecasted for Thailand but faster than Indonesia, which is expected to post an increase of 4.8 percent; than South Korea at 5.8 percent; and, than Taiwan, 2.8 percent. Meanwhile, Moody’s Analytics also said the country’s manufacturing output is expected to grow 2.7 percent in August from the 2.5 percent posted in July.
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