Inflation rate could rise to 6.3% in 2026 amidst the ongoing conflicts in the Middle East, the Bangko Sentral ng Pilipinas (BSP) announced on Thursday, April 23. BSP Gov. Eli Remolona Jr. explained that the inflation outlook has worsened due to the conflict, leading to higher global costs, especially for oil and fertilizer costs. “The inflation outlook has deteriorated amid the ongoing conflict in the Middle East. Higher global oil and fertilizer prices have begun feeding thr