Inflation rate may spike between 3.8 percent and 4.7 percent in December on the account of typhoon-related disruptions, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

In a text message, BSP Governor Amando Tetangco Jr. attributed the central bank’s higher inflation outlook for the last month of the year to the typhoon-related price hikes in some commodities and utilities.

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