INFLATION could have accelerated to 8.3 percent last month or slowed to 7.5 percent, the Bangko Sentral ng Pilipinas (BSP) said on Tuesday.

"Upward price pressures are expected to emanate from higher electricity rates, approved water rate rebasing, higher domestic petroleum prices, uptick in the prices of key food items and the annual increase in sin taxes," the central bank said in a statement.

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