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Philippines Inflation Surges to 7.8% in October Amid Soaring Energy and Transport Costs
Economy

Philippines Inflation Surges to 7.8% in October Amid Soaring Energy and Transport Costs

Inflation in the Philippines surged to 7.8% in October, the fastest pace in nearly four years, primarily driven by soaring energy and transport costs. This rise is expected to further erode household purchasing power, prompting the government to enhance agricultural support measures.

Original source: Philstar BusinessMore country news

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