BSP sees stable 3% inflation by Q3 66 SHARES Share it! Guinigundo said from January up to December this year, inflation is expected to sustain its decline. Last month, inflation rate dropped to 5.1 percent from six percent in November, and from its peak of 6.7 percent in September and October 2018. “Inflation will be within the two-four percent target range as early as March of 2019,” said Guinigundo. The Metrobank-affiliate First Metro Investment Corp. (FMIC) also expects inflation rate to drop below four percent this quarter and below three percent by the third quarter.

Source: Manila Bulletin February 03, 2019 13:52 UTC