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Philippines inflation rate quickens for second month on rice gains

MANILA (Reuters) -Consumer prices in the Philippines rose for a second month in September, increasing the pressure on the central bank to resume raising interest rates. A double-digit gain in the price of rice drove annual inflation to accelerate by 6.1% last month, its fastest pace in four months, according to data from the Philippine Statistics Authority released on Thursday. The country's economic planning agency on Thursday said it would recommend extending the lowered tariff rates on...
Nicholas Mapa Mikhail Flores Karen Lema Bangko Sentral Christian Schmollinger Ferdinand Marcos Jr
Source: yahoo.com

More Pain Looms for Indonesian Rupiah on Narrowing Yield Spread

(Bloomberg) -- The Indonesian rupiah just had the worst quarter in more than a year, and analysts see more losses ahead. Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownAging Trees Show a Crisis Looms for the World’s Everything OilThe currency broke the closely watched 15,400 level...
Zhanghua Xian South Korea New Zealand Nicholas Mapa Bloomberg Businessweek Alan Lau
Source: yahoo.com

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