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The country’s inflation rate has further decelerated to 4.1 percent in November 2023 due to the slower increase in the prices of food and non-alcoholic beverages, the Philippine Statistics Authority (PSA) said Tuesday, December 5, 2023.

Philippine statistics authoritySunstar philippinesPhilippines inflationInflation rateNovember 2023Food and non alcoholic beveragesRestaurants and accommodation servicesAlcoholic beverages and tobaccoClothing and footwear