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Philippines says September inflation at +2.3% yr/yr

MANILA, Oct 6 (Reuters) - The Philippines’ annual inflation slowed to 2.3% in September, from the prior month’s 2.4%, as price pressures eased on the heavily weighted food and non-alcoholic beverage index, the statistics agency said on Tuesday.

The headline figure was below the 2.4% reading in a Reuters’ poll and well within the central bank’s forecast range of 1.8%-2.6% for the month.

Core inflation, which excludes volatile food and fuel prices, was 3.2% versus 3.1% in August.

Reporting by Neil Jerome Morales, Karen Lema and Enrico Dela Cruz Editing by Ed Davies

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