Philippine central bank says September annual inflation within 6.6% to 7.4% range
FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco/File Photo
The Philippine central bank on Friday said it expects the annual inflation rate for September to stay within the 6.6% to 7.4% range.
Inflation for the month is expected to be driven by the increase in electricity rates and prices of key food commodities, as well as by the depreciation of the peso, it said in a statement.
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