Inflation seen slowing to 2.6% in September

Sep 30, 2024 12:19 am

LOWER fuel and food prices coupled with favorable base effects will likely pull inflation down in September, analysts said, raising the possibility of more interest rate cuts by the Bangko Sentral ng Pilipinas (BSP).

The median forecast in The Manila Times poll of economists was 2.6 percent, near the bottom of the central bank's 2.0- to 4.0-percent target and down from the August result of 3.3 percent.

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