Pantheon Macroeconomics

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10th Mar 2022 00:10Emerging Asia, Daily Monitor

  • Retail sales in the Philippines mostly brushed off the Omicron wave in January; the catch-up continues.
  • We have raised our average inflation forecast for 2022 to 3.5%, still a slowdown from 2021.
  • The renewed squeeze from oil prices will fade after Q2; and it's a good thing Filipinos prefer rice.

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