Overall inflation in Philippines rises to 5.3% in Aug from 4.7% in Jul

The overall inflation in the Philippines rose to 5.3 per cent in August from 4.7 per cent in July.
Core inflation (barring selected food and energy items) decelerated further to 6.1 per cent in August from July’s 6.7 per cent.
A higher annual increment was noted in the index of clothing and footwear in the National Capital Region: 2.3 per cent from 2.1 per cent.

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