MANILA, Philippines — The country’s inflation rate is projected to decrease in the second half of the year, Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno said Monday.
During the Laging Handa briefing, Diokno said the country’s inflation rate is expected to remain high in the first two quarters of the year, but will eventually go down during the second half of the year.
Diokno said they are expecting the inflation rate to average at around 4.2 percent by year-end.
“Ang tingin namin ay patuloy na bababa, siguro medyo mataas pa rin ang inflation for the first two quarters this year pero bababa din siya sa second half of the year,” Di…
Keep on reading: BSP sees inflation easing in second half of 2021