Philippine inflation hits 3-year high amid Middle East conflict

Philippine annual inflation accelerated to a three-year high in April, as a surge in fuel prices triggered by the Middle East conflict raises the chance of more policy tightening. Consumer prices rose 7.2 per cent last month, the statistics agency said on Tuesday, the highest since March 2023. Th
ORIGINAL SOURCE →via South China Morning Post
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · finance
- [FINANCE] Orta Doğu gerilimi küresel piyasaları sarstı: Petrol, altın, borsa ve Fed beklentilerinde son durum
- [FINANCE] Moody's readies stablecoin ratings as Asian market takes shape
- [FINANCE] Nvidia Rival Cerebras Unveils IPO Details -- Here's What Investors Need to Know - The Motley Fool
- [FINANCE] Australia's central bank set to cool its heels after rapid-fire rate hikes - MSN
- [FINANCE] EU Has Tools If US Threatens Industries, French Minister Says
- [FINANCE] Australia’s central bank ramps up inflation fight with third rate hike this year - WTVB