Economy
Deutsche Bank Lifts 2026 PH Inflation Forecast to 5.9%
German lender Deutsche Bank has raised its full-year inflation forecast for the Philippines to 5.9 percent, citing a faster-than-expected jump in October consumer prices. However, the bank believes the Bangko Sentral ng Pilipinas (BSP) has little need for further interest rate hikes.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Groups Demand Wage Hike as Inflation Hits 7.8% in Philippines
As inflation in the Philippines accelerated to 7.8% in October, research group IBON Foundation and labor group SENTRO are demanding higher wages and stronger government intervention, citing the erosion of workers' purchasing power due to rising prices of basic goods and services.