Philippine inflation should be under 4% by September or October —BSP chief

May 29, 2023 - 6:23 PM
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Bangko Sentral ng Pilipinas (Philstar file photo)

 Philippine headline inflation is expected to be below 4% by September or October, the central bank chief said on Monday.

Bangko Sentral ng Pilipinas Governor Felipe Medalla, speaking to reporters on the sidelines of a business forum, also said he expects inflation to be below the mid-point of the target by next year.

—Reporting by Neil Jerome Morales; Writing by Enrico Dela Cruz; Editing by Martin Petty