Remittances from Filipinos working overseas rose 10.59 percent to $1.2 billion in August from a year ago, rising sharply from last month's 4.6 percent annual increase, data from the central bank showed on Monday.

Inflows in the first eight months of the year were up 15.3 percent from the same period a year ago.

Remittances from over 8 million Filipinos, around 10 percent of the population, have helped revive growth by boosting consumption and the inflows are viewed as a key plank of the domestic economy.

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