# PSEi climbs to 5,700 level despite hotter inflation print

> The Philippine Stock Exchange index gained 1.5 percent to close above 5,700 on November 5, despite October inflation reaching its highest level in nearly four years. The rally followed the US midterm election results and was supported by a recovery in consumer stocks.

- Date: 2026-11-05 · published 2026-11-05T15:10:55.679Z
- Category: macro · region Asia · magnitude low
- Page: https://feedsoft.ai/events/81971-psei-climbs-to-5-700-level-despite-hotter-inflation-print
- Commodities: [Philippine Peso (PHP per USD)](https://feedsoft.ai/c/USDPHP.md)

## Why it matters

Faster Philippine inflation raises the likelihood of further central bank tightening, which could weigh on local demand for animal protein and feed, though falling oil prices may help inflation peak.

## Sources

- abs-cbn.com: https://www.abs-cbn.com/news/business/2026/11/5/psei-climbs-to-5-700-level-despite-hotter-inflation-print-2150

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