# Inflation risks broaden as peso weakness compounds supply shocks

> Economists expect Philippine October inflation to rise to 7.6% from 7.2% in September, the highest since March 2023. The forecast cites higher electricity rates, transport fares, food prices and peso depreciation, with the official release due November 5.

- Date: 2026-11-03 · published 2026-11-03T03:10:19.805Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/76919-inflation-risks-broaden-as-peso-weakness-compounds-supply-shocks
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher inflation and a weaker peso raise the cost of imported feed inputs and may push the central bank to hike rates again. Continued oil volatility and El Niño could add further pressure on feed costs.

## Read by commodity

- WTI: bullish ▲
- USDPHP: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-01-28 | [Pound Near $1.38 Amid Broad Dollar Weakness](https://feedsoft.ai/events/21304-pound-near-1-38-amid-broad-dollar-weakness.md) | +1.1% | +5.1% |
| WTI | 2023-03-31 | [Oil Rises On Cooling US Inflation, Lower Global Supplies](https://feedsoft.ai/events/37043-oil-rises-on-cooling-us-inflation-lower-global-supplies.md) | +8.6% | +3.3% |
| WTI | 2021-05-28 | [Canadian dollar falls as investors weigh US inflation surge - Markets - Business Recorder](https://feedsoft.ai/events/47328-canadian-dollar-falls-as-investors-weigh-us-inflation-surge-markets-business.md) | +4.1% | +10.9% |
| WTI | 2019-09-16 | [Oil spike sends India assets lower as inflation concerns revive](https://feedsoft.ai/events/57385-oil-spike-sends-india-assets-lower-as-inflation-concerns-revive.md) | +5.8% | -0.1% |
| WTI | 2026-03-18 | [Gold Tumbles as Powell’s Inflation Concerns Dash Easing Bets](https://feedsoft.ai/events/20074-gold-tumbles-as-powell-s-inflation-concerns-dash-easing-bets.md) | -3.3% | -3.8% |

## Sources

- philstar.com: https://www.philstar.com/business/stock-commentary/2026/11/03/2567547/inflation-risks-broaden-peso-weakness-compounds-supply-shocks

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