2023-04-03 00:34
PH investors tiptoe while banking on inflation slowing
Philippine stocks would likely trade sideways ahead of the release of inflation data on Wednesday that could confirm that consumer prices had peaked and were on a downtrend. The benchmark Philippine Stock Exchange index (PSEi) slipped 1.02 percent to 6,499.68 the previous week while the broader All Shares index added 0.9 percent to 3,493.37, data from the stock exchange showed. The government is expected to release March inflation data on April 5. Michael Ricafort, chief economist at Rizal Commercial Banking Corp.
https://business.inquirer.net/394335/ph-investors-tiptoe-while-banking-on-inflation-slowing
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https://business.inquirer.net/394335/ph-investors-tiptoe-while-banking-on-inflation-slowing
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