Barclays says Philippine inflation may undershoot BSP projections
Barclays economist Brian Tan says Philippine inflation this year is likely to undershoot Bangko Sentral ng Pilipinas projections. The BSP forecast full-year inflation at 6.1% in its August meeting, implying average increases of 7.5% to 7.6% for August.
Philippine inflation this year is likely to come in below the central bank's projections, Barclays economist Brian Tan said in a note. Bangko Sentral ng Pilipinas projected full-year inflation at 6.1% at its August meeting, implying average price increases of 7.5% to 7.6% for Augus…