Aug inflation likely higher at 2.9%

Aug inflation likely higher at 2.9% – poll

Sep 04, 2017 12:28 am

Inflation likely picked up in August as power, food and fuel prices rose due to factors such as a weaker peso and a bird flu outbreak, analysts polled by The Manila Times said.

Forecasts for the month ranged from 2.8 percent to 3.1 percent with a 2.9 percent average, slightly higher than the 2.8 percent recorded in July.

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