Headline inflation could have accelerated to 1.5 percent last month due to higher food and fuel prices, among others, the Finance department said on Monday.

“Inflation rate for December is forecast to reach 1.5 percent, 0.4 percentage point higher than last month’s 1.1 percent but still lower than the 2.7 percent registered in the same period [in 2014],” the department said in its latest Economic Bulletin.

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