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Philippine Inflation Rises To 3.4%

The Philippines' consumer price inflation increased in February after easing to a more than three-year low in January, data from the Philippine Statistical Authority showed on Tuesday.

The consumer price index, or CPI, climbed 3.4 percent year-over-year in February, faster than the 2.8 percent rise in January. Economists had forecast inflation to rise to 3.1 percent.

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by RTTNews Staff Writer

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