SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016

MANILA – Inflation in November 2016 slightly rose to 2.5 percent from 2.3 percent in the previous month, due to the increase in the prices of major non-food commodities, according to the National Economic and Development Authority (NEDA). “The increase in inflation can be attributed to the increase in domestic prices of petrol products, which continue reading : SURGE IN UTILITY PRICES PUSHES INFLATION UP IN NOVEMBER 2016