MANILA -- Inflation in the Philippines accelerated to a new 14-year high of 8.7% in January, driven by rising utility, housing and food costs.
Inflation
Philippine inflation hit 14-year high of 8.7% in January
Marcos calls result 'unfortunate'; focus turns to interest rate decision next week
A vegetable vendor tends to her shop at a market in Manila. Rising food prices are contributing to the country's surging headline inflation rate. © Reuters
Read Next
Latest on Inflation
