Inflation grows to 4.6% in July-Aug from 4.4% in Q2 | The Manila Times

Headline inflation accelerated to 4.6 percent in the two months to August from 4.4 percent in the full second quarter because of a persistent rise in food prices, the central bank said on Friday.

The rise in consumer price index (CPI) was even faster compared with the 2.4 percent inflation recorded in the third quarter a year earlier, the Bangko Sentral ng Pilipinas (BSP) said in its Third Quarter 2014 Inflation Report just released.

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