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Economy 1 MIN READ

Philippines’ November annual inflation at 8.0%

December 6, 2022

By Reuters

MANILA, Dec 6 (Reuters) – Philippine annual inflation was 8.0% in November, the statistics agency said on Tuesday, faster than the 7.7% rate in October.

Last month’s inflation was above the 7.8% forecast in Reuters poll, but within the central bank’s 7.4%-8.2% forecast for November.

(Reporting by Neil Jerome Morales and Enrico dela Cruz; Writing by Karen Lema
Editing by Ed Davies)

This article originally appeared on reuters.com

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