MANILA, Philippines – UK-based Credit Suisse sees the country’s inflation kicking up to 5.4 percent this year, breaching the higher end of the three percent to five percent target set by the Bangko Sentral ng Pilipinas (BSP).
THE Philippine economy may go through a ”slow recovery” in the third quarter, according to the National Statistical Coordination Board (NSCB), as its composite leading economic index (LEI) slid further into negative territory. Citing a moderate decline in its LEI, the agency said the indicator slipped to negative 0.425 in the third quarter from a…