Private-sector economists are divided on the Philippines’ July inflation outlook, with forecasts ranging from 6.2 percent to 6.8 percent after June’s 6.4 percent rate.
Analysts said higher food and fuel prices, El Niño, geopolitical tensions, and the weaker peso continue to pose risks to price stability.
Some economists expect inflation to accelerate, while others believe it will remain steady or ease slightly, though still above the Bangko Sentral ng Pilipinas’ 2 to 4 percent target.
Most analysts agree that persistent inflationary pressures could prompt the Bangko Sentral ng Pilipinas to keep interest rates high or raise them further.
The central bank’s next policy meeting is scheduled for Aug. 27 as it continues to balance inflation control with economic growth.
Source: PhilNews24 | August 3, 2026
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