Economics

Philippines Tops Asian Forecasts for Lower GDP, Faster Inflation

  • Inflation likely quickens to 4.1% in 2021, latest surveys show
  • Central bank to maintain accommodative monetary policy
Photographer: Veejay Villafranca/Bloomberg
Lock
This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Philippine inflation may remain above 4% this year, complicating government efforts to salvage the economy from the havoc wrought by the pandemic.