BSP: October inflation likely rose to 2.0-2.8%

Nov 01, 2024 12:25 am

HIGHER food and fuel prices, as well as a weaker peso, could have pushed inflation up in October, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

Consumer price growth, which had markedly slowed to 1.9 percent in September, was estimated to have increased to 2.0-2.8 percent — the same forecast range issued by the BSP for the month earlier.

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