Bank economists warned that inflation in the Philippines could exceed 8% in November and December, driven by higher transport fares, electricity rates, wages, high global oil prices and El Niño risks to food supply. The same editorial roundup also covers Philippine business sentiment, a DOE/DENR administrative order, and unrelated items.
Higher domestic inflation and fuel costs raise feed and transport costs for Philippine livestock and poultry producers, and El Niño adds upside risk to feed grain import needs. The egg-price headline is speculative and not supported by the body text.
Not enough comparable past events yet for a historical read.
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.