Philippine annual inflation in December accelerated to its fastest pace since 2008, driven by spikes in food and energy prices, the statistics agency said on Thursday.
in a Reuters poll, but within the central bank’s 7.8% to 8.6% forecast for December. It brought the full-year average rate toCore inflation, which strips out volatile food and energy components, rose to 60.
6%ommodities including vegetables and rice.PHCBIR=ECIUnited States Latest News, United States Headlines
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