|
Economic Research
|
05 Sept 2014
|
|
Philippines
|
|
|
Economic
Highlights
|
|
|
The Philippines’ headline inflation was sustained at the
fastest pace in almost three years of 4.9% y-o-y in August, the same level as
in the previous month and compared with +4.4% in June. Despite coming in
slightly below the consensus’ and our estimate of 5.0%, August’s headline
figure, which remains elevated, continue to place pressure on the central
bank to resume monetary tightening measures for the coming meeting in 11
September.
|
|
Monday, September 8, 2014
RHB | Philippines | Inflation Sustained At Fastest Pace In Three Years
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.