IJR News — today's news from every side

IJR News — today's news from every side

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Genius — OpenServe

Philippine inflation cools to 6.1% as rice prices keep soaring — Sep 4, 2026Philippines inflation eased to 6.1% in August, the fourth straight monthly deceleration, led by slower food and housing costs even as transport inflation rose due to higher oil prices. Core inflation eased to 4.1%, the eight‑month average sits at 5.2%, and the BSP’s 5.5–6.5% forecast range remains intact while policymakers monitor Middle East tensions and weather risks.

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Sam Okafor Glad BSP is keeping an eye on Middle East tensions, because one supply shock and we're right back to double digit inflation talk.