{
  "id": 12418164,
  "title": "September inflation sizzles to over 3-year high",
  "url": "https://urgent.news/2026/10/06/september-inflation-sizzles-to-over-3-year-high",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/10/07/2561366/september-inflation-sizzles-over-3-year-high"
  },
  "original_language": "en",
  "account": "Inflation in the Philippines surged to a three-year high of 7.2 percent in September, according to the Philippine Statistics Authority (PSA). National Statistician Dennis Mapa stated that this marks the highest inflation rate since March 2023 and is within the Bangko Sentral ng Pilipinas (BSP) forecast range of 6.4 to 7.4 percent. The acceleration in food prices, particularly vegetables, was the main driver of the higher inflation, rising by 6.8 percent from 4.6 percent in August. Other notable drivers include housing costs rising to 8.4 percent from 7.9 percent, and transport costs climbing to 14.6 percent from 13.5 percent in the previous month. Inflation for essential items such as rice and alcoholic beverages also rose. Despite the increase, the government plans to implement measures such as suspending excise taxes on liquefied petroleum gas and kerosene, expanding palay storage, and rolling out a vaccine for African Swine Fever to mitigate the impact on households.",
  "summary": "Inflation in September accelerated at its fastest pace in more than three years, driven mainly by faster food price increases, according to the Philippine Statistics Authority.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Philippine Star Business",
        "title": "Stocks drop as September inflation heats up",
        "url": "https://urgent.news/2026/10/06/stocks-drop-as-september-inflation-heats-up",
        "published": "2026-10-06T16:00:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}