Philippines: ‘Oil prices, power costs keep inflation past target in September’
MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said inflation likely settled at 4.8 to 5.6 percent in September, following its acceleration to a 32-month high of 4.9 percent in August. In his weekly virtual press conference, BSP Governor Benjamin Diokno said inflation last month was driven by the upward adjustments in domestic oil […]
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