Inflationary pressures continue to pose risks to the Philippines as a prolonged oil shock ripples through transportation, electricity, food, and fertilizer costs, Metropolitan Bank and Trust Co. (Metrobank) said. The assessment was published in a report by BusinessWorld.
Metrobank Markets Research Head Anna Dominique Cudia noted that the Philippines remains vulnerable to prolonged energy disruptions through several channels, including higher transportation and electricity costs, which in turn drive up food and fertilizer prices. The bank emphasized that these factors collectively undermine the country's economic stability.
The report underscores ongoing challenges for the Philippine economy, with energy instability remaining a key concern for policymakers and businesses alike. Metrobank's analysis suggests that without addressing energy supply vulnerabilities, inflation may continue to weigh on growth prospects.