EXPENSIVE food items such as rice and the depreciation of peso may have led to faster inflation in June, according to the Bangko Sentral ng Pilipinas...
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The recent rise in inflation, driven by expensive food items such as rice and the depreciation of the peso, has raised concerns about the country’s economic stability. The Bangko Sentral ng Pilipinas (BSP) has acknowledged these challenges and has maintained a vigilant stance to mitigate the impact of inflation on the economy. However, a comprehensive approach is required to address the root causes of inflation and restore consumer and business confidence.
EXPENSIVE food items such as rice and the depreciation of peso may have led to faster inflation in June, according to the Bangko Sentral ng Pilipinas...
The reduction in rice tariffs has boosted the optimism of monetary officials that a rate cut could happen in August, according to the Bangko Sentral...
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