Food prices remained elevated in February. — PHILIPPINE STAR/ MICHAEL VARCAS By Luz Wendy T. Noble, Reporter HEADLINE INFLATION is likely to have breached the central bank’s target for a second straight month in February, as food and fuel prices remain elevated, according to economists. A BusinessWorld poll of 16 […]
Peso expected to weaken vs dollar as focus turns to vaccines
BW FILE PHOTO THE PESO will likely weaken against the greenback this week on risk-off sentiment due to the recurring delay in vaccine delivery, which is seen dimming prospects for the country’s recovery, as well as expectations of quicker inflation. The peso closed at P48.59 versus the dollar on Friday, […]