Inflation could hit 6.1% in Sept

Inflation could hit 6.1% in Sept – BSP

Sep 30, 2023 12:41 am

INFLATION may stay steady in September or rise to as high as 6.1 percent, the Bangko Sentral ng Pilipinas (BSP) said on Friday, due to factors such as a weaker peso and higher fuel, electricity and key farm goods prices.

It forecast a result in the 5.3- to 6.1-percent range, which spans August's outturn and the level last seen in May.

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