Inflation may hit 7.7% in October, exceed 8% in November
Philippine inflation could accelerate to 7.7% in October and exceed 8% in November as higher transport fares, wage adjustments, and peso depreciation add to household costs.
3 min readPhilippine inflation could accelerate to 7.7% in October and exceed 8% in November as higher transport fares, wage adjustments, and peso depreciation add to household costs.
3 min read
The Philippine peso fell to ₱63.15 per US dollar during intraday trading on October 15, setting a new record low as consumers face potential pressure from more expensive dollar-priced purchases and imports.
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