Subdued Philippine inflation leaves door open for December rate cut
Servicii bancare
MANILA :Philippine inflation stayed below the central bank's target for the eighth straight month in October, giving it leeway to lower interest rates again next month to support economic growth. Annual inflation held steady at 1.7 per cent in October, as slower increases in the cost of food and transport offset the rise in utility, clothing and footwear prices, the statistics agency said on Wednesday. Inflation in October, which was unchanged from the previous month, was below the 1.8 per
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