Inflation slows to 6.2% in July

Philippine Statistic Authority Logo | INQUIRER FILES

MANILA, Philippines — Inflation eased to 6.2 percent in July from 6.4 percent in June as softer oil prices curbed transport costs, the Philippine Statistics Authority said Wednesday.

The July print was lower than the 6.4-percent median estimate of 14 economists surveyed by the Inquirer and fell within the Bangko Sentral ng Pilipinas’ (BSP) 5.6 to 6.6-percent forecast range.

READ: Poll: Inflation likely stayed at 6.4 pct. in July

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Inflation slows to 6.2% in July

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