Inflation rate in the Philippines drops at 2.5 percent month of September

[Starmix]

The country's forecast headline inflation for September may further decrease to 2.5 percent according to the Finance Secretary Ralph Recto, during his briefing at the Malacañang Palace last Tuesday.

For September the secretary of finance expectation is roughly 2.5 It is a range between 2.5 to 2.9 , the midpoint is roughly 2.5 . Last two moths the inflation rate in the Philippines was at 5.7 percent and this month of September it reduced to roughly to 2.5 percent.

The Ph government has invited foreign investors to invest in the Philippine and one is the richest man on Earth, billionaire , Elon Musk.


News source: Daily Inquirer

 

[Suba]

That is good news for everyone living in the Philippines, which signifies better economic growth rate, increasing purchasing power of everyone, lower interest rates, increased investment, and most importantly you can shop more because your money will not run out.

 

[Starmix]

That is good news for everyone living in the Philippines, which signifies better economic growth rate, increasing purchasing power of everyone, lower interest rates, increased investment, and most importantly you can shop more because your money will not run out.

That was last year, my friend. I got no updates of the 2025 inflation rate in my country. Inflation also rate also fluctuates. I will give you update next day.

 

[Stardom22]

The Inflation rates had been a very serious issue in the developing countries for sure. Most economies don't really condone with that most oftenly.

 

[Starmix]

Inflation rises by the day and it cannot be solved immediately unless the governments take action to invite foreign investors.