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PHILIPPINES-ECONOMY/INFLATION
RTXSQZ9
September 28, 2010
A worker climbs on a pile of rice stock inside a warehouse of the government National Food Authority...
Manila, Philippines
A worker climbs on a pile of rice stock inside a warehouse of the government National Food Authority...
A worker climbs on a pile of rice stock inside a warehouse of the government National Food Authority (NFA) in Bicutan, south of Manila September 28, 2010. The Philippine central bank expects annual inflation in September to be between 3.6 percent and 4.5 percent, governor Amando Tetangco said on Tuesday. Tetangco said in a text message to reporters, ' the decline in utility rates plus abundant supply in the market of selected food items could have offset the increases in domestic petroleum prices and marginal increases in rice prices '. REUTERS/Romeo Ranoco (PHILIPPINES - Tags: BUSINESS POLITICS SOCIETY IMAGES OF THE DAY FOOD)
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