00:00Meanwhile, the Banco Central ng Pilipinas, or BSP, projects the inflation rate for March 2025 to hover between 1.7 and 2.5 percent.
00:11The BSP explaining, while electricity, fuel, and some essential goods saw a slight uptick in prices, this was balanced out by a drop in the cost of rice, fruits, and vegetables.
00:24Also, the strengthening of the Philippine peso could help keep inflation in check.
00:29It is worth noting that inflation stood at 2.1 percent in February of this year.
