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Philippine inflation hit 3.8% in March, its highest in 20 months.
Inflation in the Philippines likely accelerated to a 20-month high of 3.8% in March, driven by soaring global oil prices, higher rice and electricity costs, and a weakening peso.
This surge, attributed to Middle East tensions, is fueling concerns about the Bangko Sentral ng Pilipinas' ability to maintain its rate-hold stance without risking inflation expectations.
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La inflación filipina llegó al 3,8% en marzo, su nivel más alto en 20 meses.