
Investors in the Philippines are assessing third-quarter growth forecasts of 2.3% to 2.7% alongside October inflation of 7.8% and core inflation of 5.4%. Weak infrastructure spending and persistent inflation are expected to strengthen expectations of another central-bank rate increase before year-end.
Higher rates could support the peso and restrain imported input costs, while weak growth could limit domestic demand. The article points to macroeconomic uncertainty rather than a direct shift in feed supply or demand.
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