BSP: Inflation may ease in second half of 2021

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Inflation is expected to slow within the second half of the year and settle within the Bangko Sentral ng Pilipinas' target, it said on Monday.

Watch more in iWantTFC Inflation is expected to slow within the second half of the year and settle within the Bangko Sentral ng Pilipinas' target, the central bank said on Monday.

"Medyo mataas pa rin ang inflation for the first two quarters this year. Pero bababa rin siya sa second half of the year, so that ang initial forecast namin for this year, our inflation rate will average around 4.2 percent," BSP Governor Benjamin Diokno said in a public briefing.

 

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