MANILA, Oct 27 (Reuters) - Philippine annual inflation likely quickened for the second month in a row in October on higher food costs due to typhoon-caused supply disruptions, but it probably remained within the central bank's target, Governor Amando Tetangco said on Sunday.
The central bank expects an annual inflation rate of between 2.8 and 3.6 percent in October, with the low end of the range the highest since March when the inflation rate hit 3.2 percent.
'This remains consistent with a within target inflation rate for 2013,' Tetangco said in a mobile text message to reporters.
The official inflation data will be released on Nov. 5.
On Thursday, the central bank left the overnight borrowing rate and the rate on its special deposit account facility on hold with inflation forecast to stay within its target and economic growth expected to steam ahead.
(Reporting by Karen Lema; Editing by Mohammad Zargham) Keywords: PHILIPPINES ECONOMY/INFLATION
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