Consumer prices in Philippines inclined by 0.7% in September from a year earlier compared with a prior inclined by 0.1%, while it came more than the forecasted 0.6%. Monthly consumer prices climbed 0.2% in September which is the same reading for August, while it came more than forecasts that referred to an incline by 0.1%.

Accelerating inflation is supporting the central bank's decision to stop interest rate cuts, worth mentioning that the bank decided to keep interest rates at 4.00% for the second consecutive month after it was cut by 2% between December and July.