Slower transport costs and stable food prices drove the deceleration, marking the softest price growth in four months and supporting a dovish stance for the central bank.
Consumer price inflation in the Philippines decelerated to an annual rate of 6.2% in July, down from 6.4% in the previous month.
The decline marks the slowest pace of price growth in four months, driven by easing pressures in transport costs and stable food prices, according to data from the Philippine Statistics Authority (PSA).
We'll email you once when Handelsavisen goes live. No spam, no other use.
By signing up you agree to receive a single launch-day notification from Handelsavisen.