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BSP sees PH inflation rate to settle within 2.3%-3.1% in December; Gov’t’s inflation target at 2%-4% for 2025-2028

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Transcript
00:00The Banco Central ng Pilipinas projects the country's inflation for December to settle within the 2.3% to 3.1% range with a full-year average of 3.2%.
00:12BSP also expects the full-year average inflation to be within the government's target of 2 to 4% for 2024.
00:19Meanwhile, the Development Budget Coordination Committee or DBCC, in consultation with the BSP,
00:24retained the 2 to 4% inflation target for 2025 to 2026 as well as for 2027 and 2028.
00:31By doing so, the central bank hopes to solidify its forward-looking approach to monetary policy formation.

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