00:00The Banco Central ng Pilipinas, or BSP, projects the inflation rate for March 2025 to hover
00:06between 1.7% and 2.5%.
00:10The BSP explains, while electricity, fuel, and some essential goods saw a slight uptick
00:15in prices, this was balanced out by a drop in the cost of rice, fruits, and vegetables.
00:21Also, the strengthening of the Philippine peso could help keep inflation in check.
00:26It is worth noting that inflation stood at 2.1% in February of this year.
