(Bloomberg) -- Philippine inflation probably
accelerated in May as the price of oil approached a six-month
high and dry weather curbed food production.
Consumer prices rose 2.5 percent from a year earlier,
according to the median estimate of nine economists surveyed by
Bloomberg News. Inflation was 2.3 percent in April, close to the
seven-year low it reached a month earlier. The National
Statistics Office will release the monthly report tomorrow.
Read more at Bloomberg Bonds News
accelerated in May as the price of oil approached a six-month
high and dry weather curbed food production.
Consumer prices rose 2.5 percent from a year earlier,
according to the median estimate of nine economists surveyed by
Bloomberg News. Inflation was 2.3 percent in April, close to the
seven-year low it reached a month earlier. The National
Statistics Office will release the monthly report tomorrow.
Read more at Bloomberg Bonds News
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