BSP sees January inflation at 2.5% to 3.3%

January 31, 2025 - 1:07 PM
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Inflation, soaring fuel prices
Motorists queue at a gas station a day before an oil price hike, in Quezon City, Metro Manila, Philippines, June 6, 2022. (Reuters/Eloisa Lopez)

 Philippine inflation was likely within the 2.5% to 3.3% range in January, the central bank said on Friday.

The central bank said it “will continue to take a measured approach in ensuring price stability conducive to balanced and sustainable growth of the economy and employment”.

The statistics agency will release inflation data on Feb. 5.

—Reporting by Mikhail Flores; Editing by Martin Petty