Higher rice prices push inflation up to 2.3% in October 2024

Philippine Inflation Rate News

Higher rice prices push inflation up to 2.3% in October 2024
Philippine EconomyBusinessEconomy &Amp
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By commodity, rice is the top contributor to the overall inflation rate in October 2024, as it increases to 9.6%

This is AI generated summarization, which may have errors. For context, always refer to the full article.

Year-to-date, average inflation now stands at 3.3%, still within the government’s target range of 2% to 4%.

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