Ire over inflation

Published: Sunday, July 6, 2008 12:07 a.m. MDT
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An activist shouts slogans at security personnel guarding the Pandacan oil depots in Manila, Philippines, as demonstrators protest against the recent oil price increase on Saturday. Fuel and food price hikes pushed the Philippines' inflation rate last month to its highest level in 14 years, an official said. The continuous price increases have raised inflation from 9.5 percent in May to 11.4 percent in June. Aaron Favila, Associated Press

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Aaron Favila, Associated Press

An activist shouts slogans at security personnel guarding the Pandacan oil depots in Manila, Philippines, as demonstrators protest against the recent oil price increase on Saturday. Fuel and food price hikes pushed the Philippines' inflation rate last month to its highest level in 14 years, an official said. The continuous price increases have raised inflation from 9.5 percent in May to 11.4 percent in June.

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