BusinessWorld E-paper
November 01, 2022
INFLATION may accelerate as much as 7.9% in October, driven by rising food prices, higher
transport fares and the peso depreciation, the Bangko Sentral ng Pilipinas (BSP) said on Monday.
“The BSP projects October 2022 inflation to settle within the range of 7.1% to 7.9%,” it said in a statement.
