Bank economists warned that Philippine inflation could exceed 8% in November and December, driven by higher public transport fares, electricity rates, wage increases and stubbornly high global oil prices. A central bank survey showed business sentiment became less pessimistic in September, though firms still flagged fuel costs, inflation and peso depreciation.
The article also reports that Philippine milk output is expected to surpass its 2025 record.
Higher domestic inflation and a weaker peso raise the cost of imported feed ingredients for Philippine buyers, while El Niño risks to food supply add upside pressure. A record local milk output would ease dairy demand for imports.
After 86 past macro events, Milk (Class III) moved a median -0.2% over 5 sessions (37% higher; middle half -2.5% to +0.5%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.