Philippines Sept inflation likely within 5.3%-6.1% range, says central bank

MANILA (Reuters): Philippine annual inflation in September is expected to settle within the range of 5.3% to 6.1%, the central bank said on Friday, ahead of the data release next week.

Higher prices of fuel, electricity, and key agricultural commodities, as well as peso depreciation are the primary sources of upward price pressures in September, the Bangko Sentral ng Pilipinas (BSP) said in a statement.