Fuel price surge pushes Philippine inflation above BSP target

MANILA — The Philippines’ annual inflation rate accelerated more than expected in March, breaching the central bank’s 2 to 4 target range, driven largely by a sharp increase in fuel prices amid escalating tensions in the Middle East. READ: Philippine annual inflation quickens to 4.1 in March Headline inflation rose to 4.1 in March from a year earlier, [] The post Fuel price surge pushes Philippine inflation above BSP target appeared first on Interaksyon.