Philippines October inflation climbs to 7.7% yr/yr

by Aurelia Butler 4 November 2022, 00:16 129 Views

MANILA (Reuters) – Philippine annual inflation accelerated to 7.7% in October from the previous month’s 6.9%, the statistics agency said on Friday.

Last month’s inflation rate was above the 7.1% median forecast in a Reuters poll, and near the top end of the central bank’s 7.1% to 7.9% forecast for the month.

Source: Economy - investing.com

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Philippines October inflation climbs to 7.7% yr/yr

Japan’s service-sector activity growth hits 4-month high -PMI

Dollar ascendant; sterling slumps on lower rate expectations, bleak outlook

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