Nov. inflation likely higher at 2.5% – poll

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INFLATION could have edged up in November due to a weaker peso, higher energy costs and as food prices rose in the wake of a string of typhoons that battered Luzon, analysts said.

A Manila Times poll resulted in a median estimate of 2.5 percent, slightly higher than October’s 2.3 percent and near the lower end of the Bangko Sentral ng Pilipinas’ (BSP) 2.2- to 3.0-percent projection for the month.

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