MANILA : Philippine annual inflation rose to 6.4 per cent in July, exceeding market forecasts, driven by higher transport costs and spikes in food prices, the statistics agency said on Friday.
The headline figure was above the 6.2 per cent median forecast in a Reuters poll, and was at the top end of the 5.6 per cent-6.4 per cent range projected by the central bank for the month.
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OPEC+ might have to raise oil output so market doesn't overheat, Kazakhstan saysLONDON :OPEC+ might have to raise oil production to avoid market overheating, OPEC+ member Kazakhstan said on Wednesday, as the group of oil producers meets amid U.S. pressure to add barrels to the market while most members have already exhausted their output potential.'We have always said that the preferred
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