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2M non-poor households hit by inflation, rate selves poor now

2 years ago Philippines inquirer

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MANILA, Philippines—As inflation accelerated to a 14-year high last month, more Filipino families considered themselves poor, with some two million newly poor, or those who were non-poor one to four years ago. But why? Sonny Africa, executive director of the think tank Ibon Foundation, explained that “poverty is a function of family incomes and prices […]

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Tags : households inflation selves

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