THE country’s headline inflation accelerated to 2.5 percent in December, surpassing analysts’ expectations, on the back of higher prices of oil, food and non-alcoholic drinks, the Philippine Statistics Authority (PSA) announced on Tuesday.
A shopper checks out goods at a stall in a market on Commonwealth Avenue in Quezon City on Tuesday, the day the government announced that inflation picked up to 2.5 percent in December. PHOTO BY RUY MARTINEZ