Philippine bank economists warn inflation could exceed 8% in November and December due to higher transport fares, electricity rates, wages, high global oil prices and El Niño risks to food supply. The article also reports on imported coffee and fertilizer becoming costlier and a survey showing firms still worried about fuel costs and peso depreciation.
Higher fertilizer and fuel costs raise input expenses for Philippine feed and livestock producers, while peso weakness raises the landed cost of imported feed ingredients.
After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
After 92 past bullish macro events, UREA moved a median +0.0% over 5 sessions (50% higher; middle half -2.0% to +3.6%), and +4.8% 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.