
Economy
BSP to Act as Inflation Stays Above Target in May
Philippine annual inflation eased in May but remained above the central bank's target for a third straight month, prompting the Bangko Sentral ng Pilipinas (BSP) to signal it will take "necessary actions."
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Core Inflation Persists, Keeping BSP on Guard Despite Easing Headline Figures
While Philippine inflation eased in May, persistently high core inflation remains above the central bank's target, potentially compelling the Bangko Sentral ng Pilipinas (BSP) to further tighten policy. Economists highlight ongoing price pressures requiring continued monetary policy tightening.