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Bank economists warn that Philippine inflation could exceed 8% in November and December, driven by transport fares, electricity rates, wages, high global oil prices and El Niño threats to food supply. The article headline points to crop prices pushing inflation higher.
El Niño-driven food supply risk and firm crude prices could lift feed and grain costs for Philippine buyers, with rising inflation pressuring local currency purchasing power.
businessmirror.com.phBloomberg NewsNov 2, 2026After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% 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.
