April inflation data is due to be released on May 5.
Inflation eased for the second straight month in March, to
7.6%.
(Reporting by Neil Jerome Morales; Editing by Kanupriya Kapoor)
(Adds c.bank's policy outlook, background)
MANILA, April 28 (Reuters) - Philippine annual inflation
in April was expected to come in between 6.3% and 7.1%, with
downward pressure from lower electricity rates and a decline in
prices of fish and vegetables, the central bank said on Friday.
Bangko Sentral ng Pilipinas said it "remains prepared to
respond appropriately to continuing inflation risks in line with
its data-dependent approach to monetary policy formulation".
Upward price pressures were expected from higher
domestic petroleum prices, increased rice and meat prices, and
peso depreciation, it added.
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