Inflation in the Philippines rose in August, according to the Philippine Bureau of Statistics on Tuesday.
The consumer price index rose 4.9 percent a year in August after a 4.0 percent rise in July. Economists had expected a 4.4 percent rise.
This was the highest record since January 2019.
Prices of alcoholic beverages and tobacco increased by 10.3 percent and prices of clothing and footwear by 1.8 percent.
Prices for housing, water, electricity, gas and other fuels and furnishings, household appliances and ordinary households increased by 3.1 and 2.5 per cent, respectively.
Core inflation, which does not include the prices of selected food and energy products, rose to 3.3 per cent in August from 2.9 per cent in the previous month.
On a monthly basis, consumer prices rose 0.6 percent in August, after rising 0.4 percent last month. Economists had predicted a 0.2 percent increase.
Separate data from Statistics Estonia showed that the unemployment rate fell to 6.9 per cent in July from 7.7 per cent in June.
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