Wednesday 15 August 2018
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27 days ago

ADB: PH annual inflation to hit 6-year high of 4.3% in 2018

The Asian Development Bank sees local consumer prices staying elevated for the rest of the year such that it projected inflation to average an at least six-year high 4.3 percent in 2018 and breach the government s target range. In its Asian Development Outlook Supplement July 2018 report released Thursday, the Manila-based multilateral lender raised its 2018 inflation outlook for the Philippines from 4 percent in the earlier Asian Development Outlook 2018 report last April. To compare, inflatio

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