00:00The Bancon Central ng Pilipinas or BSP is expecting the inflation to settle within the 2.2
00:06to 3 percent in November, which is still within the government's target range.
00:11The central bank cited increased prices of vegetables, fish, and meat due to the
00:15unfavorable weather conditions, higher electricity rates and petroleum prices,
00:20and the depreciation of the peso as the primary sources of upward price pressures this month.
00:25BSP added the upward pressures on this month's inflation
00:29are expected to be offset in part by lower prices of rice.
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