Philippines central bank sees September inflation at 6.4% to 7.4%

According to Business Recorder, the Philippine central bank estimates that September inflation was probably somewhere between 6.4% and 7.4%. The estimate was given on Wednesday, and it came as a range instead of a single number for the month.

The bank said it intends to stay alert and let incoming figures guide its assessment, with price trends and the outlook for expansion in focus. That means the bank's view will depend on fresh data rather than the current estimate alone. Its wording suggests the range is provisional, not a final reading.

On Tuesday, October 6, the statistics agency is set to publish the official figures for inflation. Those figures will replace the central bank's estimate with an official reading for September.