EXPECTATIONS of rising prices prompt households to increase spending, which may cause inflation to be more persistent, according to a discussion paper by researchers at the Bangko Sentral ng Pilipinas ...
The positive rate of inflation in June this year is primarily due to increase in prices of food articles, manufacture of food products, crude petroleum and natural gas, mineral oils, other ...
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Those who rent and spend large percentages of their income on basic necessities are often the first to feel the effects of inflation on their budgets. Rising costs associated with inflation can be ...