Philippines Inflation at 4% in January 2018
Manila | 6th February 2018
Year-on-Year headline inflation increased to 4.0 percent in January from 3.3 percent in December. The higher inflation outturn was at the high end of the Government’s target range of 3.0 percent ± 1.0 percentage point for 2018.
” INFLATION AT 4% January 2018 “
Governor Nestor A. Espenilla, Jr. noted that the January 2018 inflation continues to be consistent with the BSP’s view of a manageable inflation environment over the policy horizon, with the average inflation expected to settle around the high-end of the Government’s 2-4 percent target range for the year.
Source: Bangko Sentral ng Pilipinas