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                    [ArticleID] => 253619
                    [Title] => Hike in power rates raises inflation risks
                    [Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise. 


The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January. 


                    [DatePublished] => 2004-06-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1214582
                    [AuthorName] => Carmina Reyes
                    [SectionName] => Business
                    [SectionUrl] => business
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INTEREST RATE PRESSURE

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                    [ArticleID] => 253619
                    [Title] => Hike in power rates raises inflation risks
                    [Summary] => Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate rise. 


The surge in world oil prices to a 21-year-high has raised inflation pressure in Southeast Asia, where most countries are net oil importers. Philippine inflation has risen steadily this year, hitting 4.5 percent in the 12 months through May from 4.1 percent in the year to April and 3.4 percent in the year to January. 


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                    [ColumnID] => 133272
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                    [AuthorName] => Carmina Reyes
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                    [SectionUrl] => business
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Hike in power rates raises inflation risks

By Carmina Reyes | June 13, 2004 - 12:00am

Philippine regulators have allowed the country’s power producers to raise their rates by around six percent, a move seen as adding to upward pressure on inflation and raising the chances of an interest rate...

Business