Higher rice prices, coupled with faster fish inflation, could have pushed headline inflation up in September, as the two-month rice import ban—which the government will prolong—might have tightened the supply of the Filipino staple food during the month.
Last month’s inflation rate is expected to clock within the range of 1.5 to 2.3 percent, according to the forecast by the Bangko Sentral ng Pilipinas (BSP).
Continue Reading on Manila Bulletin
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.