By Anna Leah Gonzales

MANILA – The Bangko Sentral ng Pilipinas (BSP) expects inflation to settle within target in February despite a possible uptick due to higher oil and electricity prices.

In a statement Friday, the BSP projects February inflation to be within the range of 2.3 percent to 3.1 percent, faster than the 2 percent recorded in January this year.

“Upward price pressures could stem from higher prices of rice and fish, elevated domestic petroleum prices, and increased electricity charges in Meralco-serviced areas,” the BSP said.

However, the BSP said these pressures may be partly offset by lower prices of vegetables, fruits and meat, as well as peso appreciation.

“The BSP will continue to monitor domestic and international developments to ensure that its policy settings remain consistent with the pursuit of price stability conducive with sustainable growth and employment,” it said.

February 2026 inflation data will be released by the Philippine Statistics Authority on March 5. (PNA)

Published Date: February 27, 2026