February inflation likely quickened further – DOF 1 SHARES Share it! Based on the latest economic bulletin released by the DOF, February inflation likely settled at 4.1 percent, above the Duterte administration’s target range for the year of between three percent to four percent. Alcoholic beverages and Tobacco inflation likely seen at 16.4 percent during the month, the DOF estimated. Last week, the Bangko Sentral ng Pilipinias said that inflation last month was likely at about 4.0 percent to 4.8 percent. Tags: DOF, February inflation likely quickened further – DOF, Finance Secretary Carlos G. Dominguez III, inflation rate, tobacco products, Undersecretary Gil S. Beltan

Source: Manila Bulletin March 05, 2018 14:00 UTC