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Economy
1 MIN READ
Philippines Oct inflation at +4.6% yr/yr, below market estimate
November 5, 2021
By Reuters
By Reuters
MANILA, Nov 5 (Reuters) – Philippine annual inflation eased to 4.6% PHCPI=ECI in October, the lowest in three months, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said on Friday.
The headline figure came in near the bottom end of the central bank’s projected range of 4.5% to 5.3% for the month, and below the 4.9% median forecast in a Reuters poll.
(Reporting by Neil Jerome Morales, Karen Lema and Enrico Dela Cruz; Editing by Christopher Cushing)
This article originally appeared on reuters.com