Philippine inflation quickened for a second straight month in September due to increases in food and transport costs, the statistics agency said on Thursday.
The consumer price index was up 6.1 percent in September, above the 5.3 percent forecast in a Reuters poll, and higher than the previous month’s reading of 5.3 percent.
That brought year-to-date average inflation to 6.6 percent, still outside the central bank’s 2 percent to 4 percent target for the year.
Core inflation, which strips out volatile food and fuel items, eased to 5.9 percent from 6.1 percent in August.
