# Higher rates, weaker spending: Is the Philippines entering stagflation?

> Inflation rose to 7.2 per cent in September and the economy grew only 2.3 per cent in the second quarter. The central bank is raising rates while household spending slows.

- Date: 2026-11-02 · published 2026-11-02T21:14:20.008Z
- Category: macro · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/75988-higher-rates-weaker-spending-is-the-philippines-entering-stagflation
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Weak domestic demand and high inflation squeeze feed-buying households and livestock producers, while higher rates raise financing costs for the feed and poultry sectors.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/asean/higher-rates-weaker-spending-manila-entering-stagflation
- businesstimes.com.sg: https://www.businesstimes.com.sg/international/asean/higher-rates-weaker-spending-philippines-entering-stagflation

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.