Slower Philippine inflation in September gives room for rate cuts

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MANILA : Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in food prices and downtrend in transport costs, giving the central bank room to cut interest rates further. The consumer price index (CPI) rose 1.9 per cent in September from a year earlier, the smallest increase since May 2020. It was also less than the previous month's 3.3 per cent print and below the 2.5 per cent forecast in a Reuters poll. With last month's data,

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Slower Philippine inflation in September gives room for rate cuts https://www.channelnewsasia.com - 04.10.2024 11:14
Slower Philippine inflation in September gives room for rate cuts https://www.channelnewsasia.com/ - 04.10.2024 03:49

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Slower Philippine inflation in September gives room for rate cuts https://www.channelnewsasia.com - 04.10.2024 11:14
Slower Philippine inflation in September gives room for rate cuts https://www.channelnewsasia.com/ - 04.10.2024 03:49