INFLATION may have spiked to as much as 6.5 percent in June, the Bangko Sentral ng Pilipinas (BSP) said on Thursday, pointing to continued fuel price hikes, higher energy and food costs, and a declining peso.

The rise in consumer prices hit a three-year high of 5.4 percent in April and the BSP, in a statement, said it could have accelerated by 5.7 to 6.5 percent last month.

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