Manila, April 4 -- The Bangko Sentral ng Pilipinas (BSP) sees inflation to remain within its target range following the 1.8 percent rate for March 2025.

"The latest inflation outturn is consistent with the BSP's assessment that inflation will remain within the target range over the policy horizon. This is seen to be aided by the impact of lower rice tariffs and easing global commodity prices," the central bank said in a statement Friday.

BSP's target inflation rate this year is between 2 to 4 percent.

For 2025 and 2026, the BSP said outlook continues to be "broadly balanced", with upside risk coming from the utilities sector while downside risk is the impact of lower tariffs on imported rice.

While the Monetary Board maintains its out...