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MANILA, Philippines – Government agencies and various investment houses expected inflation , or the movement of prices of goods, to jump even higher in August.

The Department of Finance (DOF) announced on Monday, September 3, that they projected inflation to settle at 5.9%. (READ:  Who's to blame for soaring inflation? 'All of them' in gov't, says economist )

Alcoholic beverages and tobacco ... via PK

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