By Katherine K. Chan
Heidline Inflation ACCeleralated into six higher month in September, mainly because of gasoline and vegetables, but remained Under the average Banking of 2-4%, Philippine Statistics Means authority (PSA) on Tuesday.
First data from PSA has indicated the price indicator of consumers Smoke in 1.7% in September from 1.5% in August, but from 1.9% on September 2024.
This was a rapid price rate from 1.8% in March.
It was in the middle of the bangko sancko Sentko Sentkinas’ (BSP) 1.5-2.3% of the weather in the month, but less than 1.9% average of a Businessworld vote last week.
September and marked the seventh seventh month that inflation is resolved under the BSP-2-4% target.
In nine months, September, inflation reaches 1.7%, reduce from 3.4% in the same period last year.
At that time, the inflation of the economic empowerment, which does not include flexible diet and fuel, reducing 2.6% in September from 2.7% in August. However, it was faster than 2.4% Clip a year before.
Core inflation in 2.4% in a nine months, decreasing from 3.1% in the same period last year.
The National Statistician Claire Dennis S. The Mona Mbaba said September Inflation Print “Not surprisingly” as recent typhons run high-quality virgins.
“The September, there was no surprise because, obviously, expected a great increase in the vegetables, but we are still the result of the floods and storms we faced in July. There were very many storms at that time. “
According to the PSA, the Transportation index was the fastest inflation of September, taking 1% from 0.3% down the last month. September, gasoline has declined at a low speed of 0.9% from 6.1% last month, and the diesel deprives 5.1% The fall of 0.8%.
A lot of weights and nonocoloholioli bondy index increased 1% in September, takes from 0.9% in August.
Food of food prices are faster at 0.8% in September from 0.6% last month, but less than 1.4% last year.
This was conducted especially from year after year vegetables, tubers, spain, banners, bananes in 19.4% by 10% in August from 10% in August from 10% in August. This was a speedy speed in a vegetable increase in nine months or since 21.1% in January.
On the other hand, the corner saw an annual decline in 4,5% from 11.8% in August.
“What we really saw was raining and floods, especially in our vegetables,” said Mr. Mapa. “This was the impact on August And he continued in September. ”
“We see that this can continue in the coming months because there are storms last month. Our increase is always raised,” added.
Last month, Typhoons Mirasol, Ragasa (found near Nato) and Bualoii (Oponoi), accompanied by monsoon southwest, has brought heavy rains and floods into the country.
“Small an inflation emphasizes domestic prices to provide interruptions,” the Department of Economic, Planning, and Development Secretary Arsenio M. Bisansican means a statement. “We work closely with various structures to strengthen the commitment, maintain important goods from the cost, and protect the well-being of the household.”
The rice deviation continues
In the meantime, rice prices are identified in September, at the number of simple to 12.9% from August. September Tagged Month of the exact month of rice opposition.
“The prices of rice continue to decline because of adequate provision, low prices rice, and government methods to strengthen prices,” said BSP in a statement.
The average Mill price of the Normal Mill decreased month 1.02% month month to P37.79 with Kilo last week by September from P38.18 with data from the Department of Agriculture.
Ilayisi eligayiwe kahle libuye lahlelwa cishe nge-1% ku-P43.10 ngekhilo nge-P43.52, ngenkathi irayisi elikhethekile likhuphuka ngo-0.2% ku-P56.99 nge-P56.99.
On September 1, the National Government used the import ban for 60 days with ordinary and well-digested rice to address the plastic prices.
On the other hand, decrease in meat inflation dropped to 6% from 7.1% in August, while fish and other seafar And cool in 7.9% from 9.5%.
In the meantime, inflation in the National province of the National Province (NCR) reduces 2.7% in September from 2.9% in August. However, it was faster There is 1.7% on September 2024.
In addition to NCR, inflation accelerates 1.5% from 1.1% in August, but a little than a 2% piece last year.
The medium-term visaas live in the highest regional decline in 4.1%, while the private Bangsamoro region in Muslim Mindanao recognized a significant decline in $ 1.5%.
For a 30% of the Family Inflation, inflation recognizes a slightly slow movement to 6.2% from August. The average nine months stands at 0.3% from 4.6% last year.
Outward
Although the accidents arising from inflation, Central Bank said the inflation may increase under 2-4% quotes this year, especially due to reducing prices.
“However, the prices of high rice and global food prices can raise the distinctive pressures in policy acts. At the time, high volumes may be removed from a dynamic perspective.” Said BSP.
The BSP sees inflation up to 1.7% this year.
Union Bank of the Philippines Chief Carlo O. Asuncion said the expectations of expectations can move the BSP cut interest rates on Thursday.
“Growth is certainly recently and we think BSP will introduce the cutting risk of a pre-grow accident often,” he said. “Therefore, the lesser inflation (inflation) provides additional benefit of BSP to cut now not to conduct the risk of being behind the curve.”
However, Chinabank’s research recognizes the risk of angry prices as a central bank sign to stop at the next meeting.
“While expecting inflation is expected to remain low in the year, the risk of inflation is expected to move the inflation to Thursday’s policy meeting,” Note said.
John Paolo R. Rivera, a major researcher at the Philippines Center to get development lessons, Progress Progress and travel expenses will continue to drive inflation in the next months.
“In the coming months, inflation can continue to be more than accidents such as weather-related disorders, holiday spending, the cost of the land, and Viber’s pricing.
A Businessworld Polll has shown 10 of the 16 critics expect that the amount board lasted a solid price at 5% on Thursday.
The BSP Ruler Eli M. Remona, JR. The policy said the amount of the policy is now high quality “Goldilocks” or “nice place” for inflation and removal. However, he said last month that were open to cut cut prices and this in October if the country’s economy weakened.
