Philippines among least vulnerable to stagflation – think tank
Published on: Thursday 02 June 2022
MANILA, Philippines — The Philippines is seen as one of the least vulnerable to stagflation among emerging markets (EMs), even as the country continues to deal with rising commodity prices. Based on the latest stagflation risk scorecard of think tank Oxford Economics, the Philippines ranked second to the last among 18 EMs in terms of vulnerability to stagflation. It got a score of 4.5 out of nine. Stagflation is an economic situation where a...