MANILA, March 31 (Reuters) - Philippine annual inflation
in March was expected to come in between 7.4% and 8.2%, with
downward pressure seen from lower prices of petroleum and some
food items, the central bank said on Friday, ahead of the
release the data on April 5.
High inflation, which at 8.6% in February was well outside
the central bank's target range of 2% to 4%, remains the top
concern for monetary authorities, Bangko Sentral ng Pilipinas
governor Felipe Medalla reiterated earlier this week.
(Reporting by Enrico Dela Cruz
Editing by Ed Davies)
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