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Philippines Inflation January 2022

Philippines: Inflation falls in January

Consumer prices increased by 0.36% over the previous month in January, up on December’s 0.18% increase. January’s result marked the highest reading since August.

Inflation dropped to 3.0% in January from December’s 3.3%. January’s reading represented the weakest inflation rate since November 2020. Meanwhile, annual average inflation was 4.0% in January (December: 4.1%).

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