By Katherine K. Chan, Reporter
PHILIPPINE INFLATION quickened to its fastest pace in over three years in September as prices of food, transport and utilities surged, the Philippine Statistics Authority (PSA) said on Tuesday.
Headline inflation, as measured by the consumer price index (CPI), accelerated to 7.2% in September from 6.1% in August and 1.7% a year ago. This matched the April clip and was the fastest in three-and-a-half years or since the 7.6% in March 2023.
However, it was still within the Bangko Sentral ng Pilipinas’ (BSP) 6.4%-7.4% estimate.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
