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Philippines central bank says October inflation likely within 7.1% to 8.1% range CEBU, Philippines
- Philippine inflation was likely within the 7.1% to 8.1% range in Octobe
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The Philippine central bank estimates October inflation between 7.1% and 8.1%, emphasizing vigilance and data-driven policy in response to economic prospects.
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- Central bank's vigilance on inflation and growth prospects.
- Upcoming official inflation data release on November 5.
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Philippine inflation was likely within the 7.1% to 8.1% range in October, the central bank said on Friday.
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“The BSP will remain vigilant and guided by incoming data, particularly on inflation and growth prospects,” the central bank said in a statement The Philippines’ statistics agency will release inflation data on November 5.