September inflation rises to 1.7%; BSP on guard

MANILA, Philippines – Consumer prices climbed in September at their fastest pace in six months, driven by surging food costs after a series of storms that flooded farms and destroyed crops. This setback is expected to make the Bangko Sentral ng Pilipinas (BSP) more guarded in its next policy steps.

Inflation, as measured by the consumer price…

https://business.inquirer.net/551317/sept-inflation-rose-to-1-7-bsp-on-guard

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