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Economy

Philippine inflation rises to 7.8% as fuel prices climb

Philippine inflation reached 7.8% in October 2026, its highest in years. Higher fuel prices and fares drove the rise, which squeezes household budgets.

7.8%October 2026 inflation

Inflation in the Philippines rose to 7.8% in October 2026. That is the highest rate in years. Inflation measures how fast prices for goods and services rise.

Soaring petrol prices amid the conflict in the Middle East drove the increase. Fares also climbed.

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