Economists Foresee More Rate Hikes in Philippines Amid Persistent Inflation Risks
Economy

Economists Foresee More Rate Hikes in Philippines Amid Persistent Inflation Risks

Philippine economists anticipate further interest rate hikes by the central bank in December, citing persistent inflation, elevated oil prices, and peso depreciation. Some foresee additional tightening into early 2027.

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  • BSP: Oct inflation could top 8%

    Consumer price growth in the Philippines may have accelerated to a more than three-year high in October, potentially breaching 8 percent, the Bangko Sentral ng Pilipinas (BSP) announced. Higher domestic energy prices and transport fares are driving up the cost of living, raising concerns for citizens.

  • Philippines Inflation May Hit 8.1% in October: BSP Forecast

    The Bangko Sentral ng Pilipinas (BSP) forecasts that inflation could surge to as high as 8.1% in October, driven by rising fuel and electricity prices and increased transport fares, surpassing September's 7.2% and marking a three-year high.