At 9:00 a.m. tomorrow, Tuesday, the government through the Philippine Statistics Authority will release the inflation numbers for February 2023. Know more:
AT 9:00 a.m. tomorrow, Tuesday, the government through the Philippine Statistics Authority will release the inflation numbers for February 2023.
The public, according to the surveys, thinks that the president is not doing enough to curtail price increases. Economists from the banks think that the BSP and its monetary policy is to blame for being “too little, too slow” with increasing interest rates. The local “progressive” think tanks believe that it is government’s fault and also “The System,” by which they mean the oligarchs in particular and capitalism in general.
In a statement last week, the BSP said upward price pressures for February—expected to range from 8.5 percent to 9.3 percent—to be announced tomorrow were projected to have come from higher LPG prices as well as higher prices of key food items like pork, fish, egg, and sugar.
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