Philippine inflation leaps to 14-year high in November

The faster-than-expected increase in November was due to rises in food and non-alcoholic beverage prices, which accounted for 58 percent of the overall price increase.

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Vendors and customers wearing face masks for protection against the coronavirus disease (COVID-19) are seen inside a public market in Quezon City, Metro Manila, Philippines. REUTERS/Eloisa Lopez/File photo

December 7, 2022

The faster-than-expected increase in November was due to rises in food and non-alcoholic beverage prices, which accounted for 58 percent of the overall price increase.

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