Philippine annual inflation at 7.8pct in October

Philippine annual inflation was 7.8 per cent in October, according to the statistics agency. This figure is an increase from the previous month's rate of 7.2 per cent, surpassing a Reuters poll expectation of 7.6 per cent, according to the New Straits Times.

In Ghana, the yearly inflation rate rose to 5.5% in October 2026, up from 5.2% in September. This represents the third consecutive monthly increase since July. Government Statistician Dr Alhassan Iddrisu announced that non-food inflation accounted for approximately 76% of the total rate, while food inflation contributed 24%.

According to 3News, GBC Ghana, and The Rio Times, services inflation rose sharply to 11.5% from 8.3% in September, whereas goods inflation declined to 3.8% from 4.2%. Food inflation eased to 2.8% in October from 4% in September. GBC Ghana and 3News further note that on a month-on-month basis, food prices fell by 2%, contributing to an overall 0.1% reduction in prices between September and October.

Brief written by urgent.news from New Straits Times, The Rio Times, 3News, GBC Ghana — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.