By Luisa Maria Jacinga C. Jocson, Reporter
Heanandline Inflation may slow down in February between rice prices and other Important assets, commentator said.
A Businessworld The polls of 18 years ago by last week produced a median measure of 2.6% of the February Conser Conser Card Reference Card (CPI). This was in the middle of Bangko Sentral Ng Pilipinas’ (BSP) 2.2% -3% the weather for the month.
If it is possible, the February inflation can be less than 2.9% in January and 3.4% a clip in one month in 2023.
This will be a monthly lower printing print in four months or since 2.3% written in October.
The Philippine Statistics Authority is scheduled to release the Data for Delivery Fubruary Wednesday (March 5).
“The maximum monthly pricing include high quality electricity prices and oil prices, and the increase in prices for important agriculture such as fish and flesh,” said BSP in a statement.
However, it is possible that it is possibleSet in low rice prices, fruits, vegetables and basic side effects, added.
“The prices of petrol and dietsel, reduce US dollars and pricing prices that will serve as a broad price offset since last year, the Union Bank of the Union Bank of the Philippines (Unionbank said.
Red to reduce rice prices may result in the CPI decreased this month, commentator.
“(Our) Weather February is 2,6% due to rice amounts due to the market value due to the marketing of food,” Reinelle Matt M. Erice, Economic Expert in Oikonomia Advisory and Research, Inc.
The DA Department of Agriculture (DA) in the past month announced an emergency of fundamental food security, which allowed the National Food Authority (NFA) to remove Buffer stocks in sponsored price. Local government units can buy NFA rice on P33 per crim and sell it to the P35 in the p35.
February 15, the DA also lowered the highest sales amount (MSRP) of the previously entered rice of 5% in P52 with Kilo in P55 previously. This also attacked in P49 with Kilo with Kilo, starting on March 1.
“The biggest driver of disappointment may have been a good basis. There was no good results for rice.
Chinabank research said the inflation in February was largely conducted in low rice prices and vegetables.
At that time, Mr Dacanay said the price of gasoline prices began to decline in February between worldwide prices.
In February, pump prices stood at the descends of the P0.05 diesel and p0.90 liter of last. However, petrol had a complete increase of P2.1 a liter.
“In addition, the landscape rates are low quality, and small amounts of domestic prices are considered, expecting that prices will be stronger,” Mr E edge.
At that time, ANZ research has said resources and inflation annually in February due to basic basic effects.
Pantheon Macromonomics Chief out of Asia from Asia from Asia in the Conomist Migoun Chief and noted “softening the houses and services, transportation and restaurants and residence.
Popular peso during the month may also be inflation, analyst.
“PESEIVE POSA Level Wanted Against American Dolla so far in February and Februr in the past months,” Irizal Commerce Banking Corp. Economist in Conomist.
“This can help reduce the import costs and inflation,” installed.
The PEO is closed at the Greenback in the ED-February, notified by 37 cectavos from P58.365 Dollar each dollar end – January.
“Due to the functions of consumers added to the solid peso products against the dollar, the decline in February is expected to go down,” Professor J. Lopez, “professor J. Lopez, “Professor Jecturer at the University of Santo Tomas Graduate School, said.
Pressures for the drop of price
On the other hand, analysts note the features such as higher electricity prices may be driven by February prices.
“The highest electricity prices also reduce the decrease in crude oil prices,” Philippines Nalin Chuttothitham’s economic science.
Manipula Electric Co (Merlic) suggested the P02834 rate per hour of Khowatt-Hore (KWH) in P12.0262 with KWH February from P11.7428 with KWH in January in January.
“Inflation Drivers included hikes for electricity prices and petroleum products and higher rates that choose foods such as meat, heading for Angelo B. submitted by Angelo B.
Save rice, other important food items may be a risk during the month.
“Price pressures will appear in Baster and the most behavior,” Moody’s Analytics Optist Sarah Tan said.
“Most noticeable, the onions rates are up in February – up to 70% higher than the previous month. Rising prices worshipefWARNING WAYS WAREHOUSES INVOLVED that the offer is not saved in the market between continuing He added by the harvest season, “He added.
Data from the Department of Agriculture has shown that the sales price of a local redion onion exposed to P174.01 per Qoqrem of February.
“However, the pressures of the large amounts are seen in meals without rice. The wardrobe, onion, and eggplants ego 30-50% anniversary of previous storms,” said Mr Dacanay.
In the coming months, the headquake is expected to sit within a 2-4% band.
“On the balance, inflation remains the courage to eat free from the nearest term,” said ANZ research.
The BSP is waiting for money decrease in 3.5% this year, the risk.
Faval Fotmation Outlook has to remove Central Bank to continue its simple cycle, analyst.
“We think that what an elevator does not be lower thanefThe target 2-4% will allow BSP to cut 25 points to the next policy meeting in April, “said Anz said.
Ms Tan said the next issue of cutting may arrive early in April “the inflation must remain closer to the communities.”
The next financial meeting of the next finance board is scheduled for April 3.
“At what I see, the BSP will continue to cut in April as we now know that BSP was planning to cut this month, but the last minute increase wasted the delay, said Trast Corp Matric Mrick M. Ella said.
The weak economic relief will also make a middle bank space to continue to reduce.
“If the inflation expectation continues to be overcome and a firearm, we think MB (Board) has a GDP reduction in GDP (home conservation),” said Mr. Asucion.
BSP last month announced that it will cut RRR for the Universal and Commerce banks and non-financial institutions of QUASI-banking at 5% from 7% 28.
“The stable printing of inflaset but the growing GDP growth is a central bank sign to make an average committed at their next meeting,” Mr E edge said.
“Although he saves the final requirements, the policy-of-policy can enhance investment and to use three-growing country drivers. “
The Unionbank expects 50 BPS reduction in this year.
On the other hand, analysts say the BSP can continue to keep vigorous.
“Looking forward, even the remainder of the remaining inflation within the BSP’s 2-4% range, we think BSP will keep its monitoring status while expecting to clarify global trading The policies and effects have their effects on growth and growth, “said Chinabank.
The BSP was unexpectedly maintained by the amounts of solid price in 5.75% in February, its first annual policy meeting.
This puts breaks from its reduction cycle, because temporary borrowing costs at the number of 75 BPS during 25-BP cuts of three specific meetings.
The BSP Ruler Eli M. Remolana, JR. He said “trading trading worldwide” led to the policy.
However, he said Central Bank is still small and signed that it might be 50 The BPS calls decrease in this year.
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