Inflation Seen to Rise to 1.4% in Dec.

Inflation is expected to increase to 1.4% in December and slowly climb to 1.6% in January, a unit of Metrobank (PSE: MBT) said in a report.

First Metro Investment Corp. and University of Asia and the Pacific said consumer price index may settle at 0.8% this month, which is within the range of the Bangko Sentral ng Pilipinas’ (BSP) own forecast for November of 0.4% to 1.2% (October’s rate was 0.4%).

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Source: Manila Bulletin

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