Thomson Financial News - Factors affecting inflation include price increases in fruits and vegetable due to recent typhoons and as consumers prepare for the holidays. Price increases in milk, flour, and domestic petroleum in response to global conditions have also contributed to the expected slight uptick. Inflation is expected to remain benign in coming months. Risks including those coming from global price movements of commodity and food prices are expected to be manageable. In addition, the firming of the peso would continue to mitigate inflationary pressures.
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