Inflation in March is expected to range from 1.7 percent to 2.5 percent, the Bangko Sentral ng Pilipinas (BSP) said on Monday, March 31. The BSP said higher electricity rates and higher prices for fish and meat could quicken inflation, but other factors may also dampen it. “Nonetheless, these are expected to be offset by lower prices of rice, fruits, and vegetables, owing to favorable domestic supply conditions as well as the peso appreciation,” the central bank said. Inflation eased to 2.1 percent in February from 2.9 percent in January amid slower price increases in food and non-alcoholic beverages.

Higher power, fish, meat prices may affect March inflation – BSP. (2025, April 2). Panay News, p. 12.