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KM Financial Solutions | SE Asia Stocks-Philippine index plunges as inflation bites; Indonesia sinks
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SE Asia Stocks-Philippine index plunges as inflation bites; Indonesia sinks

04 Sep SE Asia Stocks-Philippine index plunges as inflation bites; Indonesia sinks

Posted at 04:24h in News by
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Philippine shares plunged on Wednesday
after inflation quickened at the fastest pace in more than nine
years, while Indonesian stocks tumbled as the rupiah lingered
near two-decade lows.
Higher prices for food, alcohol and tobacco pushed the
Philippine consumer price index up 6.4 percent in August and
past expectations, raising the odds

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