We Remain Positive on Philippines Medium-Term Outlook, Says Barclays' Bajoria

The video discusses the strong demand in the domestic economy despite supply-side issues affecting agriculture and mining. Inflation is expected to peak soon, but it remains above target, necessitating further monetary tightening. The central bank plans additional rate hikes to manage inflation. The effectiveness of monetary policy on supply-driven inflation is debated, with concerns about generalized inflation and its impact on services and growth. Preemptive policy tightening is suggested to sustain medium-term growth.

What factors are contributing to the strong demand in the domestic economy?

How does the current inflation trajectory compare to the Central Bank's target band?

What are the implications of supply-driven inflation on monetary policy effectiveness?

What is the expected impact of administrative measures on transport costs and services?

What course of action is suggested to sustain growth around six and a half percent over the medium term?