INFLATION likely stayed above 6 percent in October, either easing to 6.2 percent from September’s nine-year high of 6.7 percent or accelerating further to 7 percent, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.
In this undated photo, a man arranges the vegetables he is selling at his stall in an unidentified market in Manila. The Bangko Sentral ng Pilipinas projects the country’s inflation rate to remain above 6 percent in October. FILE PHOTO