News Formal

Philippines Aug inflation at 4.9per cent y/y, exceeds market forecasts

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

MANILA : Philippine annual inflation in August accelerated to 4.9per cent, the highest since December 2018, driven up by gains in the heavily weighted food and non-alcoholic beverages index, government data on Tuesday showed.The headline figure came in at the upper end of the central bank's 4.1per cent-4

MANILA : Philippine annual inflation in August accelerated to 4.9per cent, the highest since December 2018, driven up by gains in the heavily weighted food and non-alcoholic beverages index, government data on Tuesday showed.

The headline figure came in at the upper end of the central bank's 4.1per cent-4.9per cent projection for the month, and was well above the 4.4per cent median forecast in the Reuters poll.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China will improve opening up of capital market - securities regulatorBEIJING : China will improve domestic listing rules for overseas entities and will improve rules regulating overseas listings of Chinese companies, the securities regulator said on Monday.The regulator said it would expand the channels for foreign capital to invest in China's securities and futures market
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »