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Philippine Inflation Hits Fresh Peak of 7.8% in October - BusinessWorld Online
Higher fuel, electricity and transport costs pushed the annual rate above the government’s 2% to 4% target, the central bank said.
Summary by bworldonline.com
10 Articles
10 Articles
Philippine Inflation Surges to 7.8%, Boosting Case for Rate Hike
Philippine inflation accelerated to its fastest pace in almost four years in October as the prolonged Middle East conflict drove up the cost of fuel, electricity and transport in a nation heavily reliant on the region for its energy supplies.
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Business Times
Philippine inflation hits more than three-year high of 7.8% in October
October inflation exceeds 7.6% forecast in Reuters poll Core inflation climbs to 5.4%, highest in more than three years Central bank raised key policy rate 50 basis points to 5.5% in October MANILA — Philippine annual inflation accelerated to its highest level since 2023 in October, driven by higher transport and utility costs, strengthening the case for […] The post Philippine inflation hits more than three-year high of 7.8% in October appeared…
Coverage Details
Total News Sources10
Leaning Left4Leaning Right4Center2Last Updated40% Left, 40% Right
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
40% Right
L 40%
C 20%
R 40%
Factuality
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