Log In | Register
0 Comments
Printadvertisement
MANILA — Inflation in the Philippines slowed for the third straight month in November as prices of commodities, utilities and services declined, the government said Friday.
The inflation rate rose 9.9 percent in November from a year earlier after rising 12.2 percent in October. In the 11 months to November, year-on-year inflation was 9.4 percent, the government said.
The figure was better than expected. Central bank Gov. Amando Tetangco had predicted November's inflation would be in a range of 10.3 percent to 11.2 percent.
He said the price of rice and other foods continued to fall due to higher supply and favorable weather.
© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
0 Votes- Enjoy this article? Help vote it up the 'Vine.
Published to:
- Associated Press's Column, All of Newsvine
- Groups: none
- Regions: Philippines , Manila
 | Brazil economy grows 6.8 pct in 3Q before slump | Associated Press | Tue Dec 2 | 0 |
| Ecuador says annual inflation 9.1 percent in Nov. | Associated Press | Thu Dec 4 | 0 |
| Inflation at 32.7 percent in Venezuelan capital | Associated Press | Fri Dec 5 | 0 |
- Public Discussion (0)
{"canLink":false,"threadId":0,"isPrivate":false}
You're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
As a new user, you may notice a few temporary content restrictions. Click here for more info.
Start Tracking
Stop TrackingCOMPANY STUFF:
LEGAL STUFF:
- © 2005-2009 Newsvine, Inc. |
- Newsvine® is a registered trademark of Newsvine, Inc. |
- Newsvine is a property of
