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Philippines' CPI declines marginally in October 2023

07 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In October 2023, the Philippines' CPI declined by 0.3 per cent month-on-month, contrasting a 1.2 per cent increase in September.
  • Non-food growth slowed, while clothing and footwear increased, notably in the NCR.
  • The AONCR CPI dropped by 0.4 per cent, with clothing and footwear sector's index rising to 0.4 per cent from 0.3 per cent in September.

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