BusinessWorld E-paper
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October 02, 2023
INFLATION likely quickened in September due to pump price hikes, higher electricity rates, and the peso depreciation against the dollar, analysts said.
A BusinessWorld poll of 17 analysts yielded a median estimate of 5.4% for September inflation, at the low end of the 5.3-6.1% forecast of the Bangko Sentral ng Pilipinas (BSP).