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Economists project Philippine inflation rose to 7.6 per cent in October from 7.2 per cent in September, with forecasts ranging from 7.3 to 7.8 per cent. Transport fares, electricity rates and peso weakness are cited as drivers.
Higher inflation and a weaker peso raise the cost of imported feed ingredients and squeeze domestic demand for feed-fed livestock products.
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.