00:00Inflation rose in September as bad weather pushed up food prices while higher fuel costs
00:05and a weaker peso added to price pressures.
00:08The Philippine Statistics Authority reports headline inflation climbed to 7.2% in September
00:13from 6.1% in August.
00:16It matches the three-year high of 7.2% recorded in April and ended four straight months of
00:22easing inflation.
00:23Average inflation from January to September was 5.4%, still above the government's 2%
00:29to 4% target range.
00:31The September rate is within the Banco Central ng Pilipinas' forecast range of 6.4% to 7.4%.
00:38Higher domestic petroleum prices and the pesos depreciation are also expected to add to inflation.
