EXPECTATIONS of higher prices induce increased spending in essential goods, which can drive inflation during periods when it exceeds the target, a Bangko Sentral ng Pilipinas (BSP) study showed.
The Manila Times on MSN58m
BSP posts P113.1-B profit as of end-Oct
THE Bangko Sentral ng Pilipinas (BSP) reported a net profit of P113.1 billion as of end-October 2024, or 423 percent higher than the P21.6 billion in the same period in 2023. Preliminary data showed ...