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Philippines Inflation Rate High

September 8, 2008

For more than 17 year Philippines inflatin rate is higher. This is even more significant considering that the inflation rate assumption in the current stand-by program with the IMF (International Monetary Fund) is at 8.7% for April,” Central Bank Governor Gabriel Singson said in a press statement. This is even more significant considering that the inflation rate assumption in the current stand-by program with the IMF (International Monetary Fund) is at 8.7% for April,” Central Bank Governor Gabriel Singson said in a press statement.

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