Philippines stays on tightening cycle amid high inflation: central bank菲律宾央行:高通胀环境下,菲律宾继续紧缩货币政策
MANILA: The Philippine central bank remains in a tightening cycle as inflation stays elevated, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Tuesday (Nov 3).

FILE PHOTO: Shoppers at a street market in Taguig City, the Philippines, on Wednesday, Sept. 4, 2024. Headline inflation settled at 7.2 per cent in September, well above the government's three per cent target. - Bloomberg
MANILA: The Philippine central bank remains in a tightening cycle as inflation stays elevated, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said on Tuesday (Nov 3).
Headline inflation settled at 7.2 per cent in September, well above the government's three per cent target. The BSP raised rates by 50 basis points last month, and Remolona said inflation is expected to peak in "a few more months."
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资料照片:2024年9月4日,星期三,菲律宾塔吉格市街头市场的购物者。9月份总体通胀率稳定在7.2%,远高于政府设定的3%的目标。——彭博社
马尼拉:菲律宾中央银行 (BSP) 行长小伊莱·雷莫洛纳 (Eli Remolona Jr.) 周二(11 月 3 日)表示,由于通胀居高不下,菲律宾央行仍处于紧缩周期。
9月份总体通胀率稳定在7.2%,远高于政府设定的3%的目标。菲律宾央行上个月加息50个基点,雷莫洛纳表示,预计通胀将在“几个月后”达到峰值。
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