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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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  For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 7:00 am | 7:30 - 8:00 am Balitang Pambansa - 7:00 - 7:30 am | 12:00 - 12:30 pm | 6:00 - 6:30pm | 9:30 - 10:00 pm PTV Sports - 8:00 - 9:00 am Bagong Pilipinas Ngayon - 12:30 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:30 pm - 7:00 pm PTV News Tonight -  10:00 pm - 10:30 pm  Saturday & Sunday: ►Sentro Balita Weekend - 1:30 - 2:00 pm ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

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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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