Workflow
菲律宾10月通胀率为1.7% 环比持平
Zhong Guo Xin Wen Wang·2025-11-05 11:02

Group 1 - The inflation rate in the Philippines for October is reported at 1.7%, remaining unchanged from September [1] - The average inflation rate for the first ten months of the year is also 1.7%, which is below the government's annual target range of 2% to 4% [1] - The main contributors to inflation include an increase in housing, water, electricity, gas, and other fuel prices, which rose from 2.1% in September to 2.7% in October [1] Group 2 - Food and non-alcoholic beverage prices saw a decrease in their year-on-year growth rate, dropping from 1.0% in September to 0.5% in October, which helped mitigate some inflationary pressures [1] - The food inflation rate for October is recorded at 0.3%, down from 0.8% in September and significantly lower than the 3.0% from the same period last year [1] - The core inflation rate, excluding food and energy prices, is at 2.5%, slightly lower than September's 2.6% but marginally higher than last year's 2.4% [1] Group 3 - The Central Bank of the Philippines indicates that the overall inflation outlook is limited due to stabilizing global commodity prices [2] - However, the Central Bank also notes a weakening of business confidence due to a corruption scandal related to flood control projects, which has led to a deteriorating economic growth outlook [2] - The Central Bank plans to reassess the effectiveness of previous monetary policy measures in light of changing economic conditions and their impact on inflation [2]