INVESTORS are expected to remain cautious ahead of the release of US economic data and the local December inflation or consumer price index (CPI) data. “For the Philippine CPI, an inflation print lower than the preceding month’s 4.1 percent, especially one which is near the lower end of the BSP’s 3.6 percent to 4.4 percent range forecast may spur positive sentiment in the market,” said Philstocks Financial Inc. senior research analyst Japhet Tantiangco, referring to the Bangko Sentral ng Pilipinas. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.