Inflation Forecast 2018.docx

INFLATION FORECAST TO START EASING IN 4TH QUARTER The price of basic commodities are expected to decrease in the remaining months of 2018 due to the stabilization of the inflation rate. Analysts agreed that the inflation rate, by the eve of the fourth quarter of 2018, sustained the total average of 6.7 percent and would further slow down at a softer 0.2 percent increase per month. They strongly believed that inflation could have possibly peaked already in the third quarter, as seen through the increasing signed of easing inflationary pressures especially lower prices of oil, stronger peso and decline in food and rice prices. Further, market Economist Guian Angeleo Dumalagan’s from Landbank of the Philippines said that the October’s inflation forecast of 6.7 percent year-on-year was driven by faster annual increase in the costs of fuel and rice. As discussed by Oxford senior economist Beatrice Tanjangco, when the steady tightening of monetary policy finally filters through and as the issue with higher rice prices is slowly resolved, inflation would ease to an average of 5.8 percent in the fourth quarter. In contrast, economist Emilio Neri Jr. as well as Moody’s Analytics economist Katrina Ell both projected a faster rate of 6.9 percent.

INFLATION RATE INAASAHAN ANG PAGBABA SA HULING YUGTO NG TAONG 2018 Inaasahan ang pagbaba ng presyo ng mga pangunahing bilihin dahil sa patuloy na pagbaba ng inflation rate sa huling yugto ng taong 2018. Ayon sa ulat ng mga analitikong dalubhasa sa ekonomiya, aabot lamang ng 6.7 percent ang naturang rating at unti-unti pa ang pagbaba ng .2 percent kada buwan. Ito ay sanhi ng pagbaba ng presyo ng petrolyo, pagtaas ng halaga ng piso at pagbagsak ng presyo ng mga pangunahing bilihin at bigas.