Philippines’ inflation soars to 14-year high, fueling expectations of more rate hikes
Philippines' annual inflation data soared to 8.0%, marking the country's fastest inflation in 14-year high since November 2008. — December 6, 2022
cnbc.comInflation surges to 8.0% in November Prices of consumer goods in the Philippines continued to grow faster than targeted in November to hit the highest in 14 years, government data released Tuesday showed. — December 6, 2022
gmanetwork.comPhilippines: Inflation hits 14 year high as food inflation spikes Philippine inflation hits its highest level since 2008 — December 6, 2022
think.ing.comPhilippines inflation at 14-year high, backs case for 50 bps rate hike Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on Tuesday, with the pickup in prices seen supporting the case for a half-percentage point interest rate hike this month. — December 6, 2022
reuters.com