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Philippine central bank says September annual inflation within 6.6% to 7.4% range

Published September 30, 2022 Updated September 30, 2022 10:56am
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By Reuters
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MANILA: The Philippine central bank on Friday said it expects the annual inflation rate for September to stay within the 6.6% to 7.4% range.

Asian FX in cautious mood, Philippine shares drop 4%

Inflation for the month is expected to be driven by the increase in electricity rates and prices of key food commodities, as well as by the depreciation of the peso, it said in a statement.

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