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Inflation in the Philippines climbed to a 44-month high of 7.8% in October, driven by surging petrol prices amid the ongoing Middle East conflict, as higher transport costs added pressure on households and businesses. The latest reading was the highest since February 2023, when inflation reached 8.6%, and exceeded analysts’ forecast of 7.6%, according to […]
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Upgrade this serverInflation in the Philippines climbed to a 44-month high of 7.8% in October, driven by surging petrol prices amid the ongoing Middle East conflict, as higher transport costs added pressure on households and businesses. The latest reading was the highest since February 2023, when inflation reached 8.6%, and exceeded analysts’ forecast of 7.6%, according to […]
7 days ago · businesstoday.com.my · You are reading this one