MANILA -Private-sector economists expect April inflation in the Philippines to be higher than the forecast of the Bangko Sentral ng Pilipinas (BSP), firming up the view that the pace of rising prices continues to be a major concern through this year. The Philippine Statistics Authority (PSA) will announce the official readout Friday, May 5. Pantheon Macroeconomics agrees with the analysts' consensus of a 7-percent readout in April. 'A big drop in food and transport inflation should again be the main reason behind the headline fall,' according to the research firm which is based in the United Kingdom.

https://business.inquirer.net/399331/april-inflation-pegged-at-7

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