BSP sees February inflation at 2.2% to 3.0%

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A woman attends her child as she shops at a public market in Manila, Philippines, October 21, 2022. (Reuters/Lisa Marie David)

MANILA — Philippine annual inflation was likely to be within a range of 2.2% to 3.0% in February, the central bank said on Friday.

“Going forward, the Monetary Board will continue to take a measured approach in ensuring price stability,” the Bangko Sentral ng Pilipinas said in a statement.

The Philippines’ statistics agency will release inflation data on March 5.

—Reporting by Mikhail Flores; Editing by Martin Petty