Inflation forecast to have hit 2.3%

Nov 04, 2024 12:20 am

HIGHER fuel and food prices coupled with base effects could have pushed inflation up in October, analysts said.

The median forecast in a Manila Times poll of economists was 2.3 percent, higher than the September result of 1.9 percent but within the Bangko Sentral ng Pilipinas' (BSP) 2.0- to 2.8-percent estimate for the month.

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