Philippines' headline inflation expected to reach 2.5% in September, driven by falling rice and fuel prices.

Philippines' headline inflation is anticipated to slow to around 2.5% in September, a near four-year low, driven by falling rice and fuel prices, as per a poll of analysts. This decrease, down from 3.3% in August and 6.1% a year prior, may allow the Bangko Sentral ng Pilipinas to lower interest rates. Official data will be released on October 4, with analysts noting that electricity and cooking gas prices could counteract some inflation reduction.

September 29, 2024
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