BSP wary of ‘surprise price shocks’

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The story "BSP wary of ‘surprise price shocks’" was covered 1 months ago by Business Mirror, a news publisher based in Philippines.

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BSP wary of ‘surprise price shocks’ - Business Mirror

Quick Summary:

The Bangko Sentral ng Pilipinas (BSP) believes inflation may have already peaked in January 2023.

Lawmakers who are pushing for Constitutional amendments have reached a consensus to lift “overly-protective economic provisions” that restrict the inflow of foreign capital, the leader of the House of Representatives said on Wednesday.

Mapa said the PSA and BSP recently made changes to the composition of core inflation.