By Luisa Maria Jacinta C. Jocson, Reporter
HEADLINE INFLATION likely slowed to a near four-year low in September amid falling prices of rice and fuel, giving the Bangko Sentral ng Pilipinas (BSP) room to cut benchmark interest rates further, analysts said.
A BusinessWorld poll of 15 analysts conducted last week yielded a median estimate of 2.5% for the September consumer price index (CPI).
If realized, September inflation would be sharply slower than 3.3% in August and 6.1% in the same month a year ago.
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