- Pros Say: Oil Price Plunge = Huge Tax Cut
- Embattled Fund Shifts Cost of Suits to Investors
- CEOs Weigh In on How To Revive Economy
- Trump Sees Act of God in Recession
- Huge Job Losses Could Be Signal That Worst Is Over
- Energy Goals a Moving Target for States
- Brown-Forman Profit Rises; Boosts 2009 Outlook
- Congress Struggles to Find Rescue Plan for Automakers
- Treasurys Get No Boost From Economic Gloom
- Stop Trading!: Market Is 'Explosive Situation of Positives'
- Treasury Bond Bubble?
- Wal-Mart Can Save America?
- Harvard: Stop Being A Hedge Fund And Spend Endowment
- Even With All The Programs, Many Home Borrowers Beyond Help
- 2008: the Year of Gifts Under $__
- Sears (And Your) Reaction to Fridge Price Hike
- Lost Your Job? Do What Bill Murray Did—Join The Army
- Crescenzi: U.S. Recovery Plans "Should" Work
- Polish lawmakers approve 2009 budget
- Douglas Emmett sets 18.75-cent dividend
- Moody's downgrades USG's debt ratings
- Heelys declares special cash dividend
- Mounting job losses hit hotel and gambling sectors
- Moody's says Regency Centers outlook is stable
- Upstate NY-based Paetec cuts 222 jobs
- S&P lowers Avery Dennison long-term ratings
- Raids could force meatpackers to raise worker pay
- Caterpillar cuts ties with some contract workers
Philippines' inflation eases for 3rd month
Text Size 
MANILA, Philippines - Inflation in the Philippines slowed for the third straight month in November as prices of commodities, utilities and services declined, the government said Friday.
The inflation rate rose 9.9 percent in November from a year earlier after rising 12.2 percent in October. In the 11 months to November, year-on-year inflation was 9.4 percent, the government said.
The figure was better than expected. Central bank Gov. Amando Tetangco had predicted November's inflation would be in a range of 10.3 percent to 11.2 percent.
He said the price of rice and other foods continued to fall due to higher supply and favorable weather.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Tools:
Print
Email
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes