Inflation is expected to return to within the target range thereafter, but remain close to the upper end of 6 per cent. The breach is likely to be temporary, but is also dependent on further developments in food and oil prices and the potential second round effects, and the risk that these price pressures feed through to more generalised inflation.
Getting Past First Impressions With Philippine banknotes issued by the BSP and marked with our logo... with banks making reference to our authority... and with our name mentioned in media fairly often, it is easy for Filipinos to know OF the Bangko Sentral... But KNOWING the BSP is an entirely different thing.