There’s an inflation crisis brewing in PH 75 SHARES Share it! These are the images and stories that have dominated media coverage in the Philippines after inflation soared to more than 6 percent in August, far higher than the rest of Asia. Import rules on rice and sugar will be eased, while the police have been roped in to check for overpricing. “The 2019 elections were supposed to be a clear victory for the administration but with inflation rising, it could become interesting,” said Pilapil. “Inflation is being addressed and we have both monetary and non-monetary tools” to solve the problem, Finance Secretary Carlos Dominguez said on Wednesday.

Source: Manila Bulletin September 13, 2018 13:52 UTC