MANILA – Philippine inflation proved stubborn after it unexpectedly quickened for the first time in seven months in August, due largely to an uptick in food and transport costs, keeping the pressure on the central bank to maintain its hawkish stance. The consumer price index (CPI) rose 5.3% year-on-year in August, above the 4.7% forecast […]

https://www.bworldonline.com/breaking-news/2023/09/05/543634/philippines-inflation-unexpectedly-quickens-to-5-3-in-august/

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