Sept. 30 (Bloomberg) -- The Philippine central bank will consider the impact of recent and expected tropical storms to farm output, domestic supply and inflation in the next monetary policy meeting, Governor Amando Tetangco said in a media briefing in Manila.
“My assessment is that inflation for 2011 will still be within target,” he said. The next policy meeting will be on Oct. 20. Typhoon Nalgae is expected to make landfall in the Philippines tomorrow, the government said today. Typhoon Nesat killed at least 43 in the country and damaged at least 4 billion pesos worth of farm output and infrastructure.
--With assistance from Cecilia Yap and Max Estayo in Manila.
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