BSP chief sees November inflation at 5%-5.5%
"Apart from the weaker peso, several factors will also contribute to the increase in the inflation rate," Bangko Sentral governor Rafael B. Buenaventura told reporters. Last month, the government said local prices rose by 4.9%, bringing the 10-month inflation rate average to 3.9%. An inflation rate of 5.5% for this month will bring the average inflation rate to 4.1
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