# Philippine Peso Rises After Hot Inflation Data

> The Philippine peso rose to about 63.2 per US dollar on Thursday after October headline inflation accelerated to 7.8% from 7.2%, above forecasts of 7.6%. Core inflation rose to 5.4% from 4.8%, and the peso also gained from a weaker greenback after Democrats won both chambers of Congress.

- Date: 2026-11-05 · published 2026-11-05T06:10:36.018Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/81200-philippine-peso-rises-after-hot-inflation-data
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Higher inflation raises the likelihood of further central bank rate hikes, which supports the peso in the short term. Elevated oil prices still raise the import bill, leaving the currency vulnerable and raising the cost of imported feed ingredients for Philippine buyers.

## Sources

- tradingview.com: https://www.tradingview.com/news/te_news:598374:0-philippine-peso-rises-after-hot-inflation-data/

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