Inflation accelerates to 2.3% in Oct. 2024

Inflation accelerates to 2.3% in October 2024
The Philippines’ inflation rate clocked in at 2.3% for the month of October, the Philippine Statistics Authority (PSA) reported on Tuesday. During a press conference, National Statistician and PSA chief Undersecretary Claire Dennis Mapa said that ...
Inflation rate at 2.3% in October 2024
THE Philippines’ inflation rate went up to 2.3 percent in October from 1.9 percent in September 2024, bringing the year-to-date average inflation to 3.3.In a st
October inflation settles at 2.3%
Inflation continued to settle within the government's 2 to 4 percent target despite a slight uptick in October this year. In a briefing on Tuesday, National Statistician Dennis Mapa said headline inflation during the month was at 2.
Inflation quickens to 2.3% in October
Inflation accelerated in October, breaking a two-month downtrend, as food items registered faster increases, according to the Philippine Statistics Authority (PSA). In a press briefing yesterday, PSA head Dennis Mapa said headline inflation – the rate of increase in average prices of consumer goods and services – quickened to 2.
Inflation up 2.3% in Oct
Higher prices of key food items, particularly rice, and transport pushed inflation higher in October, the Philippine Statistics Authority (PSA) reported on Tuesday. Consumer price growth rose to 2.3 percent last month,
Higher rice prices push inflation up to 2.3% in October 2024
By commodity, rice is the top contributor to the overall inflation rate in October 2024, as it increases to 9.6%
The Philippines to be cautious in policy easing cycle
The Philippine central bank said yesterday it will take a “measured approach” in its policy easing cycle as annual inflation ...
On-Target Philippine Inflation Gives Room for More Rate Cuts
Philippine inflation quickened within market expectations in October, giving the central bank room to sustain its easing ...
PhilStar Global on MSN2d
Analysts expect inflation to pick up pace in October
Economists are anticipating a faster increase in prices of essential goods and services for October amid fading base effects, ...
Philippines Braces for Another Typhoon After Storms Swamp Crops
The Philippines is set to be drenched by its fourth storm in just over a month, which threatens to add to a growing tally of crop losses that total at least 11.5 billion pesos ($197 million) this year ...
The Diplomat7d
The Philippines’ 2025 Budget, Explained
The expanded budget confirms the Marcos administration’s commitment to financing scaled up public spending by borrowing and ...
philstar.com10h
October inflation accelerates to 2.3%
MANILA, Philippines — October 2024’s inflation rate quickened to 2.3% following a record low of 1.9% in September 2024, ...
Inquirer on MSN7h
BSP: Inflation on track to ease despite October uptick
The country’s inflation rate is still on track to decrease over the upcoming quarters, according to the Bangko Sentral ng Pilipinas (BSP). This assessment by the central bank came after the Philippine ...
Sun Star9h
October inflation slightly up driven by food, transport
THE Philippines’ inflation rate edged up to 2.3 percent in October 2024, from 1.9 percent in September, bringing the average inflation rate from January to Octo ...