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Philippine inflation reached 7.8% in October, a 44-month high, with transport costs up 20% on the month, according to the statistics office. The rate was above the 7.6% analyst forecast, and the annual inflation rate for 2026 reached 5.6%, well above the government's 2-4% target.
The statistics chief also flagged El Niño dryness affecting food supply.
Energy-driven inflation and a weak peso raise the cost of imported feed inputs and domestic feed logistics in the Philippines. El Niño-related food supply risks could add further pressure on local feed grain and ingredient prices.
channelnewsasia.comNov 5, 2026Not 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.
