INFLATION in the Philippines is expected to “ease materially” in the near term and end 2024 within target, ANZ Research said, but the year’s economic growth target will be missed amid sluggish consumption, modest export gains and softer private investments.
In its fourth quarter Asia Economic Outlook released on Monday, ANZ Research said that domestic inflation could average 3.4 percent this year, falling within the 2.0- to 4.0-percent target, amid lower rice and crude oil prices.
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