The Philippine Stock Exchange Index (PSEi) retreated on Tuesday as investors digested a hotter-than-expected inflation print and rising geopolitical risks.

The benchmark PSEi fell by 0.74 percent or 44.08 points to close at 5,898.08.

Philstocks Financial research manager Japhet Tantiangco said sentiment weakened after inflation came in at 7.2 percent, exceeding market expectations.