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BusinessWorld E-paper

January 03, 2023

HEADLINE INFLATION likely peaked in December as strong holiday demand and agricultural
damage caused by typhoons may have driven food prices higher, according to analysts.
A BusinessWorld poll of 11 analysts yielded a median estimate of 8.3% for December inflation. This
is also within the 7.8% to 8.6% forecast given by the Bangko Sentral ng Pilipinas (BSP) last week.

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