BSP expects inflation rate to remain low in April
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NewsTranscript
00:00The Banco Central ng Pilipinas, or BSP, expects the inflation rate for April to remain low,
00:06possibly ranging from 1.3 percent to 2.1 percent.
00:10This is mainly due to the decrease in prices of basic goods, lower fuel prices,
00:15and the strong value of the Philippine Peso.
00:17The BSP emphasized that it would continue to monitor inflation closely
00:21and take necessary actions to ensure price stability.