By Brian Campued
The headline inflation in the country is projected to settle within the range of 1.3% to 2.1% in April, according to the Bangko Sentral ng Pilipinas (BSP).
“Easing prices of rice, fish, fruits, and vegetables, favorable domestic supply conditions along with lower oil prices and the peso appreciation contributed to the downward price pressures for the month,” the BSP said in its month-ahead inflation forecast released Wednesday.
However, the central bank warned that these downward price pressures could be offset by higher electricity rates and LRT-1 fares.
“Going forward, the Monetary Board will continue to take a measured approach in adjusting the monetary policy stance in line with its price stability objectives conducive to balanced and sustainable growth of the economy and employment,” the BSP said.
To recall, the Philippine Statistics Authority reported that inflation eased to 1.8% in March 2025, the lowest since June 2020.
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