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Philippines statistics agency: inflation could rise further in Oct

Philippines statistics agency: inflation could rise further in Oct

FILE PHOTO: Vendors and customers wearing face masks for protection against the coronavirus disease (COVID-19) are seen inside a public market in Quezon City, Metro Manila, Philippines, February 5, 2021. REUTERS/Eloisa Lopez/File Photo

MANILA : Philippine inflation could rise further in October, with food prices likely to remain the main source of pressure, the statistics authority said on Wednesday.

Annual inflation quickened in September to 6.9 per cent from 6.3 per cent in August, reflecting higher food prices, data released earlier in the day showed.

Source: Reuters
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