Philippines: Inflation comes in at highest level since December 2008 in October
Inflation rose to 7.7% in October, following September’s 6.9%. October’s figure represented the highest inflation rate since December 2008. The pick-up was broad-based, with greater price pressures recorded for food and non-alcoholic beverages, clothing and footwear, and housing and utilities.
SOURCE: https://www.focus-economics.com/countries/philippines/news/inflation/inflation-comes-in-at-highest-level-since-december-2008-in#:~:text=Inflation%20rose%20to%207.7%25%20in,footwear%2C%20and%20housing%20and%20utilities.
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