Slower Philippine inflation in Sep. gives room for rate cuts
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Slower Philippine inflation in September gives room for rate cuts
Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in food prices and downtrend in transport costs, giving the central bank room to cut interest rates further.
Philippine inflation slows to 1.9% in September 2024 | INQToday
The Philippine Statistics Authority says headline inflation in September fell sharply to its lowest rate in more than four years.
Philippine annual inflation slows to 1.9% in September
Philippine annual inflation accelerated at its slowest rate in more than four years in September due to a slower rise in food prices and downtrend in transport costs, the statistics agency said on Friday.
Inflation eases further in September amid slower increases in rice prices
Slower increases in the prices of food and non-alcoholic beverages, which slipped to 1.4 percent in September from 3.9 percent in August, pulled down the overall inflation rate. "
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