BSP sees chance of inflation returning to target before Q4


MANILA – There is “some chance” that the inflation rate in the Philippines would return to the 2%-4% target before the fourth quarter, Bangko Sentral ng Pilipinas (BSP) Deputy Governor Francisco G. Dakila told an economic briefing on Friday.

Inflation was at 4.7% in July, bringing year-to-date inflation to 6.8%. — Reuters