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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 01/Jul 16:02

Rising inflation threatens PHL’s economic stability

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.

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