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Philippine Inflation Eases To 5.4%, Lowest In 13 Months

Por: RTTNews Business July 05, 2023

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The Philippines' consumer price inflation eased further in June to the lowest level in just over one year, largely driven by a slowdown in prices for food products and a fall in transport costs, data from the Philippine Statistical Authority showed on Wednesday.The consumer price index, or CPI, climbed 5.4 percent year-over-year in June, slower than the 6.1 percent rise in May. Meanwhile, economists had forecast inflation to ease to 5.5... + full article



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