Higher inflation seen in December

By Ed Paolo Salting

Dec 05, 2022 12:16 am

INFLATION might not have hit the upper end of the Bangko Sentral ng Pilipinas' (BSP) forecast for November but could still trend higher this month, an analyst said.

Domini Velasquez, chief economist at China Banking Corp., said consumer price growth likely settled at 7.8 last month, marginally up from October's near 14-year high of 7.7 percent.

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