6 July 2022 Breach of 6% in Philippine Inflation is More Symbolic than Significant

Miguel Chanco (Chief EM Asia Economist)5th Jul 2022 14:39Emerging Asia, Daily Monitor

Philippine inflation rose over 6% in June, for the first time in four years, on the back of food prices...

...But a third straight BSP hike in August still is no guarantee; oil disinflation is just around the corner.

Headline disinflation is imminent in Thailand, but we still expect some normalisation from the MPC soon.

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