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× Tax hikes increase price burden on poor families in January

MANILA, Philippines -- Tax hikes implemented at the start of the year jacked up prices of food, oil and "sin" products, resulting in a six-month high inflation rate among poor families in January.

The Philippine Statistics Authority's (PSA) report on the consumer price index (CPI) for bottom 30-percent income households in January released Thursday showed that the rate of increase in prices of basic…

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