Philippine Core Inflation Rate YoY (Feb) Y/Y 2.9% (Prev. 2.8%)
Newsquawk Staff ·
Philippine Core Inflation Rate YoY (Feb) Y/Y 2.9% (Prev. 2.8%)
What it means
The Philippines' core inflation rate for February increased to 2.9%, up from the previous 2.8%. This modest rise could signal ongoing inflationary pressures which may influence the central bank's policy decisions, particularly in relation to interest rates. Traders should monitor how this impacts the Philippine peso and broader market sentiment in the Asian session.
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