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BusinessWorld E-paper

November 8, 2023

ANNUAL INFLATION sharply slowed in October after two straight months of acceleration, reflecting easing prices of key food items, the Philippine Sta- tistics Authority (PSA) said on Tuesday.

Preliminary data from the PSA showed headline inflation eased to 4.9% in October from 6.1% in September and 7.7% in October 2022.

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