
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.
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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.
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The BSP raised its key policy rate to 5.50% as oil prices, transportation fares, and agricultural risks threaten to keep inflation elevated through 2027.
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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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September inflation reached 7.2%, with higher food, fuel, transport, and utility costs putting more pressure on Filipino household budgets.
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The BSP expects September 2026 inflation to reach 6.4% to 7.4%, with weather-related food prices, fuel costs, and a weaker peso adding pressure.
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From the iPhone 3G to the iPhone 18 Pro, Philippine iPhone starting prices have changed significantly over the past 18 years.
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The BSP expects August inflation to reach 5.5% to 6.5%, with food, fuel, and weather-related supply disruptions likely to keep household budgets under pressure.
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The Strait of Hormuz deal may secure oil supply routes, but global crude prices can still drive fuel costs higher for Filipino motorists.
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Fuel prices are set to drop sharply on April 14, with diesel falling by ₱20.89 per liter, giving motorists a chance to save more with fuel rebates.
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