
Philippines' September inflation likely hit 3-year high, says BSP
The Bangko Sentral ng Pilipinas (BSP) projects that September inflation could reach its highest level in three years, driven primarily by rising food and energy prices, raising concerns about household financial strain.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippine Stocks Hit 10-Month Low on Inflation Worries
The Philippine stock market hit a 10-month low as investor sentiment soured following the central bank's warning of potential inflation reaching up to 7.4% in September. All sectors declined, casting a shadow over overall market sentiment.
- Philippines Inflation Seen Accelerating to Over 3-Year High in September
The Bangko Sentral ng Pilipinas (BSP) projects that inflation in September could reach 7.4 percent, potentially the fastest pace in three and a half years. Adverse weather conditions have driven up food prices, compounded by rising fuel costs and a weakening peso.